josh lipton has the details. crazy, butht sound people really do love watching other people play video games. it's known as e-sports, teams of video game players competing before pac stadiums of fans, froman sose to seoul, where top players can earn millions a it's a big topic of conversation at this year annual game developers conference in san francisco, and for good reason. more than 140 million pple all around the world now regularly watch theseti compes online. that's expected to jump to 250 million b2021. here's another way to think about it. in the u.s., e-sport viewers already outnumber those of the national hockey league and are expected to surpass major league baseball in just two years, becoming the second-most watch sport. e-sports generated an estimated $65 million in revenue last year. that'sust a fraction of the $100 billion gaming to really break into the mainstream and prove succesul. game analysts say e-sports has a lot to learn from traditional sports leagues like the nfl. >> it needs something

. >>> we're watching the headlines out of chicago fly on apple and new products let's get to josh lipton. josh >> well, carl, we're here at lane tech high school in chicago. apple ceo tim cook was just on stage. cook saying listen, he considers chicago one of the most -- one of the biggest, most diverse and forward thinking school systems in the country he says tech has an important role to play in the classroom. and with that, carl, he then allowed other apple executives to take the stage who says apple will be introducing a new ipad we're still waiting though for a price on that. we know now this new ipad is going to support the apple pencil why is the ipad and more affordable ipad? because, carl, we know google right now absolutely dominates the u.s. classroom you look at its operating systems, chrome books and android tablets. right now they hold a combined 60% of the u.s. education market when you talk to analysts, a big part of that success is because google offers relatively more affordable hardware. so apple today clearly trying to answer that. we're going to bring you a lot more

josh lipton is in chicago with the details. >> bill, so we're here at lane tech high school in chicago. now recode's kara swisher and msnbc chris hayes sat down with an interview with apple ceo tim cook some of the highlights, facebook and the data scandal did come up and he said we've never believed such detail profiles of people should exist and regulation could have unexpected consequences but i think we are now beyond that, cook said he called privacy a human right and said, listen, we could make a lot of money if we treated customers like our products but we've elected not to do that and then he was asked pointedly, if you were mark zuckerberg and what you would do. he said i would not be in that situation. apple talking about its new campus apparently it is geared toward technical support for customers. cook saying it is not in california he went on to say we're not doing a beauty contest for where that campus will be. if states want to compete, god bless them but we don't want to create that kind of contest. and they are a not so subtle jab at amazon. back to you. >> it seems li

with the ipad costing $299 around $100 more than the google and microsoft models i'm happy to say josh lipton. >> reporter: the global education tech market generated revenues last year of nearly $1 billion. tim cook would enjoy a bigger piece of that market, so today he was on stage here at lane tech high school in chicago talking about his company's commitment to the also a room. >> at apple we care deeply about education, because we love kids. and we love teachers we love creativity and curiosity. and we know that our products can help bring out the creative genius in every kid. >> apple set up demo rooms here to show off the product. the new ipad would cost schools $299 the overall tablet market has been under pressure, though apple grew 3% last year and controls about a quarter of that market apple also introduced a new app today called schoolwork which helps teachers manage ipads in the classroom. they have plenty of competition. devices running google's operating systems control nearly 60% of the u.s. education market according to idc >>> also happy to say joining us on the set is neil

and he is commenting on facebook we want to go to josh lipton who has those details. >> reporter: cook saying that we've never believed that the dpl profiles of people should exist. regulation can have unexpected consequences cook saying that i think we are now beyond that. privacy to us is a human right he goes on to say that i don't think all companies are in the same position. he says everyone needs to understand that silicon valley is in fact not a mondmonoliff everybody should know that they are just not giving up specific data point, it is the whole line you can draw on. and this guy would seem to echo comments that cook made in china recently where he also weighed in on this issue saying he thought well krachted regulcrafn was necessary. >> josh, thank you pete, we had a debate yesterday, facebook got down to $149 and change and bounced eight or nine bucks. what do you do with the stock today? $153, a little bit of a bounce is it a buy? >> i got in too early but that is why i used options instead of stocks stock was 165 when i decided to buy the 175 calls. now, you're asking me

no, josh lipton is not standing by with news but another hawaiian private eye is.e najarian is coming us to us live from honolulu with a special edition of "fast pitch." aloha, pete. look at you. >> aloha great to see you. >> are you unponytailed? this could be tv history. >> i am. i'll give you a little tease i'm a little unponytailed. >> wow. >> i'm letting it fly today, mel. >> all right, pete, go ahead with your pitch. what is it >> here's the pitch for today, it's coca-cola i liked this name for a long period of time. >> i've owned it for a long time and i think there's plenty of upside i'll give you the three reasons why i think that the management kent was great he did a great job with diversifying the company but somebody else who's been with the company for a long time, since 1996 is james quipsy who's been phenomenon 58 he just got in over a year ago but the diversification of what they are wanting to do with this company, now they didn't go the frito-lay's route we've seen out of pepsi but they've diversified away from carbonation. what i really like abo

noted brain surgeon and hud secretary ben carson has a surprising answer but first josh lipton is here stocks rise as concerns that the president trump's tariff announcement would spark a potential trade war. the dow soaring 336 points with share gains from katzer pillar the biggest. s&p climbed 29 and nasdaq picked up 72. and amazon is in early talks with financial institutions to get checking accounts for millennials. that is it from cnbc. first in business worldwide. puts me at greater risk for heart attack or stroke. can one medicine help treat both blood sugar and cardiovascular risk? i asked my doctor. she told me about non-insulin victoza®. victoza® is not only proven to lower a1c and blood sugar, but for people with type 2 diabetes treating their cardiovascular disease, victoza® is also approved to lower the risk of major cv events such as heart attack, stroke, or death. while not for weight loss, victoza® may help you lose some weight. (announcer) victoza® is not for people with type 1 diabetes or diabetic ketoacidosis. do not take victoza® if you have a personal or family his

but first here is josh lipton. >> thanks, chuck. u.s.traded sharply lower earlier in the session-based on fears that the president trump's announced tariffs are on steel and aluminum could spark a trade war. dow was 70 points lower after falling 391 points. the s&p rose 13 points. the nasdaq picked up 77 points. thanks to a sharp rise in health care shares. and delta ceo says it is values are not for sale after georgia lawmakers killed a tax break the airline wanted thursday to pressure the company into reinstating its relationship with the nra. that is it from cnbc. first in business worldwide. i'll take that. -yeeeeeah! ensure high protein. with 16 grams of protein and 4 grams of sugar. ensure. always be you. you or joints. something for your heart... but do you take something for your brain. with an ingredient originally found in jellyfish, prevagen is the number one selling brain-health supplement in drug stores nationwide. prevagen. the name to remember. we have one to two fires a day and when you respond together and you put your l

. >> apple ceo tim cook meantime taking a swipe at amazon josh lipton has those headlines. >> reportershifting to jobs, to manufacturing. apple ceo tim cook also talking about the plans for the new campus saying that we will create it in a state other than california, and we're not doing a beauty contest that is not you said from our voint point of view, w didn't want to creative this contest where you wind up putting people through a ton of work to select one that is a case where you have a winner and lots of losers. i don't like that. if states want to compete for things like that, cook saying god bless them so to your point, cook's not so subtle swipe at amazon back to you. >> thank you josh. >>> take a look at shares, done down 4.5%. netflix also pulling the nasdaq lower right now. >> and it is interesting that he takes that swipe apple of course also looking to put a campus somewhere but not doing it with quite as much fanfare >> s&p 2600. and the curve on the bond market, 30 year almost got below 3% but currently holding on to 3.007. going to be an interesting afternoon. you got

. >> josh, thank you josh lipton.other development in this story, new revelations about cambridge analytica from a secretly recorded video of executives michelle caruso-cabrera joins with us more. >> cambridge analytica is a consulting firm that credits itself with helping donald trump win the election and facebook accuses them of violating facebook rules for harvesting user data. hedge fund manager and top republican donor robert mercer is a major investor. steve bannon who worked in the trump white house is reportedly on the board today cambridge analytica is in the news again after channel 4 of the united kingdom unveiled several pieces of video that shows the ceo, alexander nix, speaking with a man he thinks is a potential client >> what's curious is cambridge analytica prides itself on creating destatailed profiles of people on social media but the bribes, use of women on tape are much more old-fashioned. cambridge analytica explained that conversation you saw this way. "assessing the legality and reputational ri

the classroom as the company prepares a product unveiling set to take place in a few minutes our josh liptonthe site of the announcement and joins us with a preview of what to expect. josh >> carl, we are here at lane tech high school in chicago where apple ceo tim cook is expected to take the stage right behind me here now today cook is anticipating to unveil new products and tools aimed at teachers and students, carl trying to broaden apple's reach in the classroom specifically, we're looking today for possible new low cost ipad that's could attract school administrators we know that overall tablet market has been under pressure shrank 7% last year. they control about a quarter of the market apple's push into the classroom, remember, it's not just about the hardware it is also offering software like the so-called classroom app. that allows teachers to manage the apple devices that students use. so, for example, teachers can make sure that kids really are working on their assignments in the classroom not just surfing the web or playing games april zl have a big fight on its hands here it kn

josh lipton has fresh new comments from apple, josh? >> reporter: well, we sat down with an interview with the apple interview, tim cook, covering a wide range of ftopics, and cook said, listen, in his opinion, we shouldn't have detailed users of profiles they could make money treating customers as products, but elected not to do that, perhaps, most eye-catching line in that interview, asked if you were mark zuckerberg, what would you do cook saying, i wouldn't be in this situation cook talked about that new campus apple is building, not doing a beauty contest for where the campus will be, he said, if states compete for things like that, god bless them, a nice jab there at jeff besos and amazon we know what happened today, just as analysts seemed to get more cautious about the iphone, goldman sachs slashed iphone sail estimates in the first two quarters, cutting two million in the march quarter, and 3 million in the june quarter, and also said expectations for the average selling price of apple products is now about 2% below market cons

josh lipton has the numbers for us now. >> oracle reporting eps of 83 cents versus expectation of 72.$9.78 billion in lin with what the street was looking for. cloud revenue up 32% to 1.6 billion, also in line with what analysts modeled within that software and services up 33% to 1.2 billion platform as service and infrastructure as service combined, those revenues up 28% to $415 million. just quickly here, it looks like new software licenses, $1.4 billion. software license updates and product support, that clocks in at $5 billion. total on-premise software revenues looks like $6.4 billion. the conference call starting at 5:00 p.m. eastern and we'll be on it. back to you. >> josh, thank you also be sure to catch an exclusive interview with oracle ceo mark hurd on "squawk alley." your thoughts? >> it looks generally as expected and i don't know if that gets you a whole lot. the stock jumped up to this level around nine months ago and been riding its way side ways. i think it's on track in terms of transformation of the company. >> chris, you excited? >> not at all. i think they needed

. >>> moving along breaking news on salesforce, josh lipton, what's going on there?sthaert big news from mathe company to acquire mule soft. the price tag is $6.5 million. mulesoft for connecting applications its customers include everyone from coca-cola to barclays they say will power the new salesforce integration force saying it will enable customers to connect all of the information throughout their enterprises across all public and private clouds again, this news just crossing salesforce buying mulesoft for6.5 billion back to you. >> mulesoft's up 3.5%. they were up big in the session when reuters reported these talks were under way. >>> it's official now. let's get to some other big stories in our rapid recap >> facebook under fire the fallout grows from that massive data scandal. >> reporting facebook will hold an emergency meeting with employees later today to discuss the fallout. >> this is about power when you have too much power, this is what happens >> we are unbelievably outraged and beyond disturbed at the allegations that data was misused or our polici

josh lipton is looking at the impact on tech and jackie with coal >> nice to see you last week's tariffncement doesn't just help the metal producers, steel and aluminum. it will also help the coal miners roughly three-quarters of the steel used today is depend end -- dependent on coal production that means make more steel and produce and use more coal as well the eia's most recent figure showed in 2017 coal production rose more than 6 t% year over year when president trump said he would revive it, there were plenty of naysayers who said that would be impossible because the demand wouldn't be there now, a couple of other trump policies have helped coal as well the administration's effort to dismantle the obama clean power plant for one and also the withdrawal from the paris climate agreement. the u.s. also exporting more coal, certainly supportive for that industry. add to that the fact we have tariffs on metal and more steel producers and industry insiders are saying they are impressed by how several of trump's initiatives are working in tandem to revive multiple industries kelly? >> ja

afternoon, on top of everything else, including nike and kb home micron results are out let's bring josh liptonn with what's going on there. >> micron reporting eps of $2.80, the street was at $2.74 revenue, $7.35 billion micron preannounced results in early february at that point they were saying to look between $2.75 on revenue. as you mentioned, the street right now selling, at least initially in the after hours -- of course this symptom had been up more than 40% year-to-date heading into this print. on the call we want to hear a lot more about how the ceo sees those supply -- demand that call starts pretty soon here in about 20 minutes we'll be on it >> thank you micron has made a -- a big comeback down 7% and now down about 2.5%. >> as josh said, 40% year-to-date but 100% on the year it's basically 70% more volatility than the broad market you'll see it bounce around after markets. are we close to the end? if the answer is no, you might get reassurance there. >> charlie, anything you'd be nibbling on in tech right now? >> that's a tough one. the whole space has run so hard. a couple of nam