i think they feel like it was a correlated that. >> jon erlichman, hang on.for the bwest byte where we focus on one number that tells a whole lot. cory, what do you got? >> it is the number seven, lucky number seven. it better be for nba all-star new york makes a small forward carmelo anthony. he has formed an investment fund to invest in technology startups. it will be called m7. >> everyone and their mother, literally. >> the water is warm. he is partnering with a guy named scott goldfarb. a former board member of a couple of companies. >> a former executive of nbc. he is active in l.a. >> you don't even have to go look at the companies. just a courtside like at the warriors game. >> no outside investors at all. >> good luck, melo. >> m7 tech partners. thank you all for watching this edition of the show. ♪ >> welcomes a money clip where we tie together the best stories, interviews and stories and interviews. the fighting so far in gaza. the nation and the secretary of defense outlined his vision for u.s. role in the mideast and elsewhere. could the ceo of t

factor in any discussion that will be had going further. >> cbssports chairman sean mcmanus with jon erlichmanuch money does cbs make from nfl games? do they share that info? >> they will share that it was profitable which is impressive when they're spending $1 billion alone on sunday football. it is a combination of ad dollars. they generating more fees from the pay-tv operators. he said last year of the top 30 rated shows on television, 28 or 29 were football games. i think they feel like it was a calculated bet. >> jon erlichman, hang on. it is time for the bwest byte where we focus on one number that tells a whole lot. cory, what do you got? >> it is the number seven, lucky number seven. it better be for nba all-star new york knicks small forward carmelo anthony. he has formed an investment fund to invest in technology startups. it will be called m7. >> everyone and their mother, literally. >> come on in. the water is warm. he is partnering with a guy named scott goldfarb. a former board member of a couple of companies. >> a former executive vice-president of nbc. he is active in l.a. >> y

i want to bring in senior west coast correspondent jon erlichman with us from l.a. you've been reporting on this all day long. what is the latest on what we know now? >> well, look at the overall reasoning of the deal, an ambitious rupert murdoch is thinking about the future and a word where you have pay tv players with more muscle. right now, you have two major deals trying to get a thumbs up in washington, comcast and time warner cable then at&t and directv. it has raised questions about the type of leverage for all the players in the world of content whether it is fox, disney, or viacom down the road. the logic that rupert murdoch has been pushing ahead and something like this to get his hands on hbo and essentially more sports rights and more international cable access, nothing has changed there. obviously the lack of explanation from time warner on their thinking behind this deal initially has resulted in more questions being asked. i think at the end of the day you will still look at a situation where time warner is going to have to find someone else with an i

jon erlichman, what do you got?te i has for you is 1 -- the number of phones tim cook the ceo of apple has politely suggested be upgraded by our own bloomberg news reporter who ran into tim cook at sun valley. just so happens to be a samsung phone user. mr. cook immediately spotted that, always the salesman, even in sun valley. >> i like that you got tim cook telling people to get an iphone and ben silverman talking to people on the ground about doing theirhey are job. who cares about deals? . to keep it loose and have fun, but underlying that quick comment is there's a lot of competition. the samsung folks are here and these are fierce competitors. you just highlighted the fact that some cook told bloomberg news that releasing stats on diversity is next up on their sot, in part because we see many other companies in technology making that data more readily available. >> we will be interested to see those numbers. jon erlichman in sun valley, thank you so much and thank you all for watching this edition of "bloomber

jon erlichman, senior west coast correspondent, thank you so much.f the biggest issues with bidrt murdoch's $75 billion to buy time warner is the regulatory issue. editor-at-large cory johnson is here with more. other than cnn, are there issues? it's about concentration of business. a lot of the rules about cross media ownership have changed. there was a time when you could not have a broadcaster opening the newspaper in the same town. those have changed not the least is rupert murdoch have changed that. >> what are the issues digging deeper into this that could prevent them from winning approval? a former fcc commissioner joins us now from washington, d.c. johnsond what cory said. are there other issues beyond the cnn that these half to worry about? if the deal goes forward there will be a lot of issues outside of cnn. a lot will depend on how the antitrust agencies define the relevant markets. from hollywood studios to the other assets that time warner and fox have both in the united states and frankly around the world. us about thelk to framework

jon erlichman caught up with cbssports chairman sean mcmanus. take a listen.started by asking mcmanus what the reaction was when the the contract. >> when we finally got the call, what he said to me was now real work begins. it is a lot work launching a new franchise. we still do up to seven games every sunday of nfl football. and we have thursday night. the wednesday after the super bowl, it has been about 85% of my job on thursday night football. new graphics and music. technical facilities. we're using more equipment on each thursday night game than we use at any other game on cbs but the super bowl. >> in terms of numbers, the thursday night game was averaging somewhere between 6 million and 8 million viewers. do you have any expectation of how many will be tuning in for thursday night football? >> i do not like to get into specifics for ratings. i think our ratings will be good. i think we will do healthy numbers. so much of the ratings in football and any sport depend upon how good the game is. if you have a competitive game at 11:00 in the fourth quarte

jon erlichman joins me from los angeles. sweeney, head of north american research for bloomberg industries. derailment, thank you both so much. bothntlemen, thank you so much. he said hbo was the holy grail that rupert murdoch had his eye on. is that what is happening? >> a lot of things going on here. hbo is a tremendous asset. almost $2 billion of operating profit every year. in theous growth here u.s. and also internationally. , they are saying a lot of things have changed in this business on the distribution side. we have seen comcast make a bid for time warner cable. we have seen at&t make a bid for directv. the distributors have gotten much stronger. it rupert murdoch stepped back and said we need to think about our competitive position going forward. >> jon erlichman, apparently mr. murdoch sees this as initial rejection. how soon before fox makes a higher bid? >> there are a lot of moving parts. fox is interested in pursuing this. on the content side, sports rights. live sports these days, tnt and are places where yo

jon erlichman is in l.a.ht percent, according to the controversial facebook mind control experimental study. they put out positive and negative post out to see whether people would post more positive or negative things. it was a secret experiment they performed on users but has since apologized for. 46.8% of the time, people would be positive in their posts. 22.4% of words were negative. they tested 155,000 people for one week in 2012 and found that showing people more negative things made them post more negative things. >> huge backlash against the study. what is your take? facebook will have to deal with a bunch of stuff, we talked about the twitter model earlier. facebook will have to satisfy users and privacy issues are always important. they also need to keep young people interested in using facebook. those findings, separate from what cory shared, are pretty interesting. the haters are hated. whether it is facebook or youtube, there are always negative comments, but maybe the positive comments will alwa

[laughter] >> jon erlichman, cory johnson. happy almost fourth of july.ater. ♪ >> the following is a paid program. the opinions and views expressed do not reflect those of bloomberg l.p., its affiliates or its employees. >> these statements have not been evaluated. thank you for watching. if you are suffering from joint

we will see. >> all right, jon erlichman. we are watching disney ceo bob iger walking in, jeffrey katzenberg, michael dell. we will continue to follow whether you can bring us any more scoops. thanks so much, jon erlichman, senior west coast correspondent at sun valley. thank you for watching this edition of "bloomberg west." get all the latest headlines on bloomberg.com. ♪ . . >> from bloomberg headquarters in new york, this is matt miller in for mark crumpton. this is "bloomberg online." today, tsa expands mobile device checks to domestic flights. then a look at the sun valley conference. ."o's "game of thrones dominated the emmy nominations. two viewers in the united states and those of you joining us from the world, welcome. we have full coverage of the stocks and stories nicking headlines around the globe today. peter cook and highlights from his interview with rob portman. phil mattingly has a bloomberg exclusive

they might jon erlichman in los angeles. general motors surprised wall street with a 1% gain in u.s. sales for june. analysts had projected a 6.3% decline. an auto analyst at standard and poor, he joins me at his firm. it is good to see you again. were you surprised given the reputational hit gm suffered because of this crisis? >> i was surprised they had numbers for fundamental reasons. month.tually did ok last recall -- recalls are part of the business. motors can handle news. you don't want this to be the headline all the time. it is not like they are a one trick pony. they actually had to leave the states. gm had a brand that keeps them coming. >> how did they look to you for gm? >> the fundamentals look good. i felt it would be a payback for this month because of the timing that madeleet sales comparisons more difficult. a goodk you have economy, you had several months in a row of 200,000 new jobs of the stock market and record high's. old vehiclesot of that need to be put into place and a lot of new technology that bri

that is the future of disney. >> jon erlichman, our senior west coast correspondent.for this edition of the best of "bloomberg west." you can catch us during the week. we will see you next week. >> we are partnering with pixar and lucasfilm and marvel. that is the future of disney. >> jon erlichman, our senior west coast correspondent. this does it for this edition of the best of "bloomberg west." you can catch us during the week. we will see you next week. ♪ hoffman was not always on track to be an entrepreneur. at one point he pursued academia. he's in his first job out of apple and joined the legendary paypal mafia. he sits on seven boards. he is the author of the

here to tell us more is jon erlichman. give us the details on their performance. >> the profitability story of netflix is improving. this is a company that is spending a lot of money to grow their business around the world. they're spending money on original shows. we have spoken so much about the big investments they've made on programs like "house of cards" and "orange is the new black." even now as the address analysts on a conference call, their head content guy is talking about the cost of that programming is going up. it is costing them but they see it as a competitive advantage. they pointed to the orange is the new black as the one driver of new subscriptions. i think the headline for a lot of people is this company is more than 50 million streaming subscribers, huge number internationally. later this year, they will be entering new markets like france and germany later this year. they have clearly grown quickly and there are different views on the financials behind this business. >> jon erlichman, it will cost ind

that is where they see the opportunity. >> jon erlichman, thank you. want to turn to a story we have been following closely. rupert murdoch's $75 billion bid to buy time warner. this potential deal would reshape the media industry, but time warner's board this week eliminated a provision in its bylaws that could've made it easier for fox to get the deal through. cory johnson is back with me. alex sherman is also with me, who has been covering the story. great to have you. so what is the latest? it seems like not much has developed this week. >> agreed, there has not been all that much progress this week . the question is what is the timeline on this thing? that depends on who you ask. if you asked outsiders, analysts, other bankers not working on the deal, they assume it is only a matter of time before fox acquires time warner. if you look at the market, investors feel the same way. the stock is trading above its $85 price. clearly, they think some deal will be done, either by fox or some other company. from my company, no other company is interested i

jon erlichman joins us from los angeles. jim, thank you.atch sports the way that adults watch sports. is that the youthful perception or because sports are not tailored to them? >> great to be here, mark. we think that this digital generation of kids has very different media habits. they have shorter attention spans and they want to understand the behind the scenes. like they are in a relationship directly with the athletes. they watch it in a very different way and we feel we are addressing an underserved audience right now. >> did becoming a father teacher this? >> i have started a couple of companies and after selling the second one i saw the sports media through my kids eyes. and it really made us aware that there was this big opportunity, that kids were just not engaged in longform broadcast content. they want to be part of the digital conversation, they want it short form and they want to be part of the conversation. >> jon erlichman in los angeles, talk to me about kids becoming part of the digital form that mr. west just talked abou

it bloomberg's jon erlichman, paul sweeney, does rupert murdoch enjoy rejection?e will get insight on whether 21st century fox is going to continue to push for time warner. we will speak to nbc chairman and chief executive bob reich. -- bob wright. that is next on "taking stock." ♪ >> this is "taking stock" on bloomberg. i am pimm fox. we are awaiting president obama. he is said to speak in a few minutes about his administration announcement that new sanctions on large russian banks, energy companies, and individuals will be the latest escalation over the confrontation of the civil war in ukraine. much of the world woke up today to the news of time warner rejecting a takeover offer from rupert murdoch's 21st century fox. the question is, will rupert murdoch press on? let's ask former nbc universal chairman bob wright. he joins us from nantucket, massachusetts. is this a deal that rupert murdoch needs to get done? >> i think you better hurry. i think the president is coming on to talk about it. >> what do you think this deal is worth to rupert murdoch? >> it is obv

adding to its lineup of sunday games, jon erlichman caught up with the cbs -- sports chairman to talkwork investment in thursday night football. he joins us now with more from l.a.. >> this is a story we hear all the time. big data between the broadcasters for sporting rights in the case for this deal for thursday night for all. they are seen as a big winner. they will share the rights for the network for the game has existed. the first question i had was, what was your reaction when you were awarded these rights and what was your reaction to see the ceo and here is what he had to say. >> on we finally got the call, he gave me a hug and i gave him a hug and he said to me now the real work again than he is right because it is a lot of work the new franchise. we still do up to seven days -- games. we gotbeen for me since the package about 85% of my job just on thursday night football. new graphics, new music, new technical facilities. facilitiesg more than any other game other than the super bowl. >> in terms of numbers, the thursday night game was averaging somewhere between 6-8,000,00

he is thinking bigger beyond basketball. >> jon erlichman, thank you very much.mberg west on your phone and tablet. we will see you tomorrow. ♪ >> from bloomberg world headquarters in new york, i am mark crumpton. line." "bottom what he calls the biggest presentation of his investing career. then, u.s. flights to and from tel aviv are canceled for 24 hours. sales of previously owned homes in the u.s. reach an eight month high. to our viewers in the united states and those of you joining from around the world, welcome.

valley, jon erlichman has been there all day and is there to take a survey with a chief executive.u've got david goldberg. though ahead. surveymonkey, what is a surveymonkey? >> surveymonkey, they take surveys left, right, and center. they are very good at it. dave, good to see you. we were talking about some of the big themes taking place, the idea of cord cutting. is it happening? here we are one year later and you have had two mega deals, comcast and time warner. do you think the storyline has changed over the last year in terms of, are people saying i am just going to stream and not pay for cable? >> it has gotten more interesting. we are having more discussion. are the deals good for the consumers? companies are making their case, this is going to be a benefit for consumers. consumers are probably in wait and see mode. consumers were sensitive to price. that's what is causing cord cutting or stringing only is price. look at netflix. they have been successful over aboutst year, that is people choosing their own bundle. the question is really, does the great bundle, unbundled? t

jon erlichman joins me now. >> this is amazon earnings day.bout the lack of profitability at a company like amazon because of all the spending they do. in the case of this holiday story, what they are spending on original shows, on the likes of netflix and arguably hbo. if you are tied to big names like john goodman or the creator of the x-files on his program, the budgets will get big. the methods we were told recently, we are big and are in this seriously. theyrms of how many shows will do, here is what he had to say. we have to figure out is what is the right number per year? we will could probably figure year.d agree one a probably doing one a week might be overkill. but there has got to be something between one and 52 per right.at will feel >> we will watch for more details on what amazon does about the holiday strategy on the earnings day. is -- >> beta for a want the big awards. they do claim part of the strategy is to get feedback on the pilots they make available through amazon prime for customers to say i do or do not like his and th

jon erlichman is in sun valley for a company conference. jon, what have you got?out $1800? that is the price of some very stylized google. diane von furstenberg is a regular here in sun valley. a couple years ago she started talking with the google gang. we have seen sergey brin make some appearances on the runway in new york with google glass being a big part of it. they worked on coming out with branded google glass, more fashionable. of course, you have to buy the original google glass, $1500, then you get a little style. she was coming out today and sporting her first pair of the stylized diane von furstenberg google glass. there is more of what she said. what are your business expectations for them? >> i don't know. it was a great collaboration and i love working with, you know, technology. is just the beginning, you know. yes, it started here, two years ago. >> there you go, emily. sometimes we talk about deals, mergers. here is a conversation that led to google glasses. >> you know, it if anybody can make google glass fashionable, it is dvf. i mean, come on

that is the future of disney. >> jon erlichman, our senior west coast correspondent.t for this edition of the best of "bloomberg west." you can catch us during the week. we will see you next week. ♪ >> he's been called the startup whisperer. reid hoffman is the executive chairman of linkedin and an investor in some of the most successful companies of all time, including facebook. he wasn't always on track to be an entrepreneur. a student of philosophy, hoffman at one point pursued a career in academia. but he took his first job out of school at apple, and then joined the paypal mafia. now a partner at greylock, hoffman sits on seven boards. he is the author a new book, "the alliance."

our bloomberg senior west coast correspondent, jon erlichman visited him in l.a..d he have to say about time warner? >> he had some helpful context -- you are talking about somebody you does have a strong relationship already with rupert murdoch. you talked about the power rangers which brought a lot of success along with other kids programming which ended up as part of a joint venture with fox which ultimately ended up being sold to disney and being abc family. certainly he's watching this closely but he set the stage for a media universe right now. companies like is the have been big acquirers of content, versus the business of time warner where they have shed some of their assets. >> i was not surprised because i think jeff, the ceo of time warner has trimmed the company to a point where he's paired for a takeover. >> there will be continued discussions around all sorts of media assets. he is the chairman of univision which had great ratings during the world cup. he said it will be sold at some point without providing any clarity on that. whether we would see a

twitter's vice president of strategy, along with jon erlichman. is one of the nba's biggest stars. his text messages big enough to make his power off the court greater than on? ♪ >> a focus on technology and the future of business. lebron james returned to his hometown cleveland cavaliers. it instantly pushes the valuation of the team to over $1 billion. netted anements have estimated $30 million this year. for more, i am joined by editor at large cory johnson. joined by the former vice president of business development for lebron james, who is currently the ceo of [indiscernible] and a cleveland native. you were so excited when the news got announced that lebron was going back to cleveland. you have worked with him personally. what do you imagine was going through his head when he made this decision? >> he is not only a special athlete, but a special person. the things he dealt with as a teenager -- wise between his ears. such a redemption story. i have always felt connected to both of them. you see the way the story has played out. it is the most phenomenal thing we could have as

that is the future of disney. >> jon erlichman, our senior west coast correspondent.r this edition of the best of "bloomberg west." you can catch us during the week. we will see you next week. ♪ the opinions do not reflect the opinions of bloomberg or its employees. >> do not miss these inspirational stories of cancer survival in the following program brought to you by cancer treatment centers of america. >> yay! >> this is a story about fighting cancer, a story about fighting complex and advanced stage cancers, heart breaking cancers, but it is not a tragedy. it is a comeback story, because these people -- rod, melanie and boyd -- found a diffe w

senior west coast correspondent jon erlichman.oining me now, to help us break the earnings report from ceo of weiss harrington & associates, nathan weiss, and also efraim levi, from the s&p. >> i was closer than other analysts, but the deliveries were slightly above expectations, generally in line. it. news -- they announced i would still like more details on that. china is at the early stages of growth. i think that's going to be an important area of growth. basically steady as she goes that they are executing on the plan. >> what did you think? >> fairly solid quarter. they beat expectations to a wild degree. wild tesla is maintaining a 35,000 unit full-year delivery, so pushing 14,000 potential deliveries to make the numbers. >> any news about model x? model whatever? >> they have not said a whole lot about that yet, but they seem to be on plan. they are making the investments. until we see actual deliveries, it's not there. again, as i indicated before, they are generally executing, so i give them the benefit of the doubt in t

jon erlichman joins us now from l.a. with more on that will stop -- more on that.t is time warner testing? >> this company has a much to think about now. a fox bit is front and center but they have to think about how people are going to be consuming the content down the road. in the case of hbo, you've got a business that while incredibly profitable, falls inside the traditional world of cable will stop we've all heard the stories of young people who need internet and broadband access. a landline and cable access package, not so much. i'm not going to give away names but i was talking to a young producer in this segment who said she's using someone else's hbo password to access hbo go in conjunction with her broadband. going tos how are we get young people to stay in this world of cable which has been financially good for us? one of the things they've been testing is a lower price all in cable package. you get some cable, not everything. you get internet and you can get hbo that way. it might be more aggressive on that front in conjunction with pay-tv players. >> j

that is the future of disney. >> jon erlichman, our senior west coast correspondent.t for this edition of the best of "bloomberg west. during thech us week. we will see you next week. ♪ >> that has turned into a jigsaw puzzle. not anymore. this is the roto razor.

cory johnson with me here in the studio and in l.a., our senior west coast correspondent, jon erlichmanwhat is 21st century foxx and today?time warner inc. like these are largely television-related businesses. they both obviously have film operations but this is largely a play on the future of television. if you look at where is foxx sits. dealsve two massive taking place. time warner cable being swallowed up by comcast. we constantly talk about what for the channels, what kind of leverage they will have in the negotiations when they are trying to squeeze more fees out of the cable company. if you look at some of the things foxx has been doing, trying to boost the value of their own brand. this would be the extension of that. hbo, turner, some of the big brands that time warner would bring to the table, they can potentially have more like bridge. leave silicon valley out of this discussion. silicon valley companies are pursuing their own content shortages. here they are, interested in going after time warner. ago, alexnutes sherman reporting that time warner does not want to consider th

a big decision certainly. >> jon erlichman, thank you very much. could be sending people to mars in as little as 10 years. how realistic is elon musk hoss goal your? we will discuss next on open -- ?lon musk's goal here we will discuss next on "bloomberg west." ♪ >> welcome back to "bloomberg west." i'm emily chang. it has been a challenging time for ebay in the company's traditional marketplace businesses. there was the massive data breach and google changed its search algorithms, ranking some ebay results lower. president was on "in the loop" this morning. eddie lew asked if ebay has lost customers due to that password breach. >> we have not seen that yet. we have not seen any evidence we have lost a substantial amount of people. we have not seen any evidence data has been used religiously. that's the good news. getbad news is anytime you 150 million people to turn over their password, you are going to disrupt her business in the short run and we did that consciously, knowing it would impact our quarter. but we are happy it is increasingly in the

that is the future of disney. >> jon erlichman, our senior west coast correspondent. it for this edition of the best of "bloomberg west." you can catch us during the week. we will see you next week. ♪ >> and the following pay program is font search. today, explore state of the fromechnology, insights cutting edge corporations around the globe, a look into the answers of

. >> i'm jon erlichman at sun valley -- names like warren buffett and sheryl sandberg here.he personk about who helped with the google driverless car issue and google glass. nice talking about education. that's coming up. ♪ >> puerto rico is looking for investors to solve a slow economy and staggering unemployment. stephanie ruhle shows us opportunities for growth and talks to the island's governor but he would -- how he will solve the massive debt problem. 9:30how airs tonight at eastern here on bloomberg. it is 26 minutes past the hour and a means bloomberg is on the markets. but let's take a look at stocks right now, coming off the lows of the session with the selloff caused by concern about a possible default and portugal. not trading as low as we were earlier. the individual stocks we're watching, some of it is earnings related. family dollar is under pressure from carl icahn. they missed the forecast and the business review is still ongoing. openompany still lance to 525 new stores while opening 400. carl icahn would like for someone to step in and buy family dollar, b

jon erlichman is in how -- is in l.a. what do you have for us? >> the number today is 10.,gy started trading again today. the stock, of course. the company doesn't trade. today --ly following falling today, 80%. it is a pretty amazing thing. >> it is still up. i know was a petty stock, but it is still up from where he was a year ago. something is -- someone is betting on something. this company promises to connect you with hollywood stars. has anyone in l.a. even heard of this in? thing?d of this >> i think they are talking about it in terms of movie scripts. this is the social network with the question mark. the fact that you go to the supposedly headquarters of this , suite 400, there is no suite 400. the company never existed there. >> it appears the stock was somehow pumped up on twitter. how often is this happening with penny stocks? >> pump and dump stock promotions are as old as stocks themselves stop -- themselves. it is always the latest thing being used, whether phone calls or faxes she and or twitter. that is how it happens. >> we will see what happens over the

johnson, our editor at large, sam grobart, jon erlichman, thank you. it for this special edition of "bloomberg west," looking at the challenges facing samsung and its future. ♪ . . >> from bloomberg world headquarters in new york, i'm mark crumpton and this is "bottom line." today, a new report looks at whether the nation's biggest banks and a fitted from a too big to fail government subsidy. plungegentine bonds after the country default. armour ceo of under discusses the company's new ad campaign targeting women. to our viewers in the united states and those of you joining us around the world, welcome. we have full cove

jon erlichman joins me now. the cord on dvd delivery but i am still in online believer. give me the numbers. when you look over the last couple of years, the growth of how many netflix customers there are. that tells you a lot. the company basically estimated that for this quarter, it will have in the neighborhood of 50 million subscribers, streaming subscribers. three years ago, they were hoping to get to around 10 million so the numbers having were -- have grown incredibly. the original shows are part of that. i think a lot of this is just about the plan to make the service available in a bunch of countries with huge expansion over the last few years in latin america and europe. later this year, they will open and another half-dozen nations. they yet the opportunity to get more to subscribers and help their profitability story because it costs money to get the towing. >> what kind of pressure do they feel? especially when you hear about these media deals? >> it's costly. they have talked about having $7 billio

, cory johnson and here to talk about pandora earnings is our senior west coast correspondent, jon erlichman. we've been talking about amazon numbers, anything we can hang our hat on here? >> just find the valuation. unless you believe amazon is surely a revenue growth story and you want to be here for growing revenues a big retailer for a big number, then i guess you're happy. that's the whole of this company and you can see it everything jeff bezos said in a conference call and the note to the press release shareholders -- he talks about how trucks and new ways they are selling things, but and mentally, it's not a company throwing off a lot of free cash flow. they're spending all the cash they are getting and lost money again this quarter. we could have sat here and had this conversation 10 years ago when you would have strangely looked the same and i would have and blonde here below my lower lip. that has been the is this model -- reinvest, reinvest, get a grant build this to be asian centers. lines are important, the web services, while not roque and out in this quarter, their service bu

. >> nba star kobe bryant with our own jon erlichman.echnology is playing a major role in protecting civilians in the conflict between israel and gaza. tell you how next on the best of "bloomberg west." ♪ >> welcome back to bloomberg west, i'm emily chang. how can technology help avoid even more casualties? our editor at large cory johnson spoke with red alert creator. it is an app that warns israelis of a coming missile strike. uzi joined us on the phone from israel. i started by asking about the technology behind israel's missile defense system, the iron dome and how it keeps israelis afe. there are missile defense system to make it -- look at it and shoot it. t sounds simple when i say it. the implementation is difficult. it is like hitting a bullet with bullet. the incoming missile is flying about twice the speed of sound. you have to find it. you have to find it in the sky and hit it. easy to say, difficult to be done. >> ari, let me ask you, uzi's missile defense system was a response to other failures in the past using new technol

jon erlichman, what is this about?getting a lot of attention because not long after it's theatrical release to take the film, which has now been in select theaters for a few months , two weeks into its run, make it available on demand. in the past, there was a view that when you went to video, or in this case on demand quickly, it was a sign of a bomb. in this case, it was a marketing strategy by the weinstein company who had concerns about how it would do in theaters. instead of rolling it out at times in theaters, select theaters, they get some marketing buzz, and in the end, demand getting more sales for the film than with any other picture they have had. >> what does this approach with "snow piercer" tell us about harvey weinstein? >> what's interesting is now he gets positioned as someone who is getting ready to shake of the theater business but he is still focused on the traditional model of having a window for movies in the theater. he has told me before that they are not a company moving toward having films bot

we are joined by jon erlichman from l.a.h us, our editor-at-large cory johnson in new york and sam grobart. sam, samsung has not left anything to chance. they have pulled out all the stops, getting the biggest stars in hollywood to promote them. >> it's very true. it is a strategy that involves spending a lot of money, but it goes beyond that. just spending money does not always get what you want. they made a very conscious choice if you years ago to say, how are we going to change the view of our company? they went after a very difficult category, that category of cool. they enlisted a well-known ad firm in l.a. you think back to the next big thing is already here campaign they started to roll out, started to poke fun at apple, which would have been seen as a dangerous strategy. they have enlisted a lot of a-list talent. whene are always skeptical they see celebrities endorsing products. in the end, maybe less so with samsung than say, alicia keys pushing for blackberry. the other thing they have smartly done is after they

jon erlichman spoke with twitter's vice president of global strategy.de the world cup such a big moment for twitter? >> if you look at the world cup as a whole, it's the one place where professionals, fans all came together to celebrate. it was celebrated on twitter, and it was a huge deal. you think about, what would you say is the biggest win this year so far? >> me, gosh, i don't know. >> maybe the ellen selfie. >> the ellen selfie. i don't know, donald sterling. big social media moment. lebron? >> lebron, yes, always a big social media thing. if you think about this feed, that was 254,000 tweets per minute. that happened almost every single match on the world cup. the game yesterday was 1.5 times more tweets than the super bowl. if you think about the overall conversation around sporting events on twitter, yeah, the game, germany, and brazil broke all records, 35 million tweets. >> ok, so there were a lot of tweets, a lot of engagement, but what about new users? how many new users do you think you brought on? >> well, we don't have our financial ear

thank you so much, senior west coast correspondent jon erlichman.ing in a banker behind many of the merger and acquisition headlines we have covered these last few mins -- months. roger altman is the founder and executive chairman of ever core, -- of evercore. we have a lot on the agenda to talk about. we just wrapped up an interview with senator tom coburn about m&a and these in version yields we've seen accelerate. what is your stance on that? >> i think it is a shame, the differential between u.s. corporate tax rates and comparable global partner tax rates is so wide that a lot of corporations feel impelled to re-domicile. that is overall not a good thing. fundamentally, what we have to do is eliminate that differential. the problem is that, and legislatively, as everybody knows, it is very difficult to get anything done. the prospects for business tax reform are distant. the prospects for eliminating this incentive for corporations to re-domicile aren't immediate. it is understandable why a number of them have done that fact, the more of these t

i know barry diller, he was in dinner -- he was interviewed by jon erlichman, and he said, you know, we gave it our best try. >> aereo probably will not continue. for investors, they have to figure out, what is the best pitch to give the consumers the lower-cost option? >> thank you very much, paul sweeney and alex barinka. coming up -- broadcasting live events halfway around the world. i am talking about be ability to stream anything with the cofounders of livestream. ♪ >> this is "taking stock" on bloomberg. i am pimm fox. prime world cup matches in the middle of the workday means millions of people have tuned in online to watch the games streamed. a company called livestream -- that was not them -- they specialize in broadcasting live events online. they have 40 million viewers watching events each month. i am joined by their chief executive max haot and chief product officer phil worthington, who cofounded the company. thank you for being here. i've got to understand. livestream -- there have got to be rules and regulations about what can and cannot be live streamed. >> we've fou