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we have our group back with me right now, including julia boorstin. e another point to make? >> yes, maria. i just want to point out enterprise value of which comcast is purchasing nbc univers universal, buying this 49% stake. right now it's at a $39 billion enterprise value. that's 4% increase over where nbc universal was valued when the original deal announced back in december of 2009. 37.9 bill cropch the fact that it's only paying 4% more when the media stocks, including comcast and all the others have gone up very dramatically over the same period is obviously a sign that comcast does think it's getting quite a deal here. >> julia, thank you so much. stephanie link joins me on the telephone along with porter bibb who is also with us, along with our own david faber and dan holland. stephanie, you own shares of ge, correct? >> yes, we do. thanks for having me, maria >> talk to us about the impacts from your standpoint. >> yeah, so this is not a really big surprise. the company has been in the process of simplifying its structure into an industrial p

>> ty, julia boorstin is live in l.a. th details on how the new law in new jersey will impact zynga. julia? >> it could be a game changer for zynga as it struggles to have social and mobile games. zynga shares sharply higher today, up over 7%. though its stock is still down over 70% in the past year. now 30 million people played zing wh zynga's poker game. this will also benefit private companies, can which are launching on-line gambling overseas as well as infrastructure providers like betable. poke are stars should benefit as well as traditional casinos. we will see if zynga partneres with one of them in order to tackle this new market. sue, tyler? >> thank you very much, julia. >>> watered down budweiser? the outrage. beer lovers filing a class action lawsuit against the bud brewer. we have the scoop and suds. >>> coming up, power pitch. start-ups give us their 60-second pitch. >> i'm james, co-founder of crowdtilt.com. >> my question is, what is pro pry tarity about it. >> do these founders have what it takes. >> are y

>> julia boorstin, thank you very much. >>> now this afternoon's market side., this is all about europe, right? they are just kind of blowing it again. >> i think if you want it play cause and effect with today's session you can blame it or europe. i think the bigger picture, this is a question of too much too soon. we have 7% returns in seven weeks here in 2013. and i think what you are seeing here is some backing and filling, profit taking. just given the fact that we have lot of stuff coming out later this week. yes, europe is a ripple in the water here but bigger picture here is that we just need profit taking. >> profit taking for how long and how bad? what kind of correction would you expect, brian? >> mandy, i think when you look at this, the point being here, is that, remember, we have a stealth bull run that came in at the end of 2012. client open their statements and said, wow, i did all right last year. you see follow through with that. you see that in fund flows and see that also just generally in the the fact that people were more positive over thi

julia boorstin, much more ahead on this jam packed edition of the "closing bell." somebody is warning that the markets could take a tumble unless the government avoids automatic spending cuts that are slated to hit march 1. a bear and bull debate and former fdic chair sheila bair here with an interview you'll see here and nowhere else. wait until you hear what she has to say on the government lawsuit against standard & poor's. >>> and also is the best thing you can do for your kids is leave them nothing. >> reporter: a look at whether inherited wealth is poisonous for kids, and one multi-millionaire backing that up by cutting his children out. that story next. [ woman ] don't forget the yard work! okay. [ male announcer ] with citibank's popmoney, dan can easily send money by email right from his citibank account. nice job ben. [ male announcer ] next up, the gutters. citibank popmoney. easier banking. standard at citibank. to deposit checks from anywhere. [ wind howling ] easier than actually going to the bank. mobile check deposit. easier banking. standard at cit

our own julia boorstin is live in l.a. on the red carpet. all right, julia.'ve got some picks right here. i want to start right off the top because you know i'm a great movie critic. i have three picks. >> yeah. >> for best picture "lincoln." "lincoln." and "lincoln." those are my three picks for best picture. and i have three picks for best actor. daniel day lewis. daniel day lewis. and daniel day-lewis. do you have a thought on that? >> well, i do think that daniel day-lewis is going to win best actor, and i think that "lincoln" has a good shot. it was nominated for more oscars than any other film. it had 12 nominations. but i actually hear in hollywood that "argo" is going to come away with best picture. i do think spielberg will get best director, though. but i think for the biggest award for best picture is between "argo" and "lincoln." >> but you know, "argo" has won every other award. golden globes, the british academy awards. it's always winning. but i think you've got to give it to "lincoln" on this one. it was larry that actually started me on that

julia boorstin has details from los angeles. julia? >> thanks, right, michelle.er is making a move which should dramatically launch its grow avenue. to buy and manage twitter ad through certain third party flat forms. it makes it easier for them to a twitter to their ad campaigns. with 2012 ad revenue came from purchases so this is key move for twitter as it looks to ramp revenue ahead of potential ipo. tyler? >> julia, thank you very much. three of silicone valley'sa entrepreneurs. a $33 million break through prize for medical research. john forte has more. >> i want to give a sense of this. keep in mind, the mobile prize just over a million dollars per recipient. this is 3 million and it focuses on life sciences. as you mentioned, these three billionaires teaming up. there are a couple of other people involved as well. chairman of apple will help chair this effort. in future years, there are 11 people receiving the award. in future years it is five resip yant. people who receive the award this year will help choose who will people will be. nominations will be o

now julia boorstin is on deck. julia? >> that's right, mandy.sometimes this afternoon, facebook will announce it is acquiring a company called atlas solutions from microsoft and that the deal will be valued in the ballpark of around $100 million. this deal has been rumored for a couple of months now and there is a lot of speculation that facebook was buying atlas's cookie technology in order to create an ad network but what sources are telling me, is this is about better measurement that facebook wants the ability to see where consumers go after they leave facebook in order to better understand how well their ads work. to get that information to advertisers and also use it to better improve their ad targeting. so this is another hundred million dollar deal. an huge one but key strategic move to track ad delivery. >>> social media. the future of -- >> everything. >> everything. take a look at how some social media stocks have been doing since going public. linkedin, that big. best performer. yelp has done nicely too. then, there will be blood. le

breaking news right now on facebook and back to julia boorstin we go. >> reporter: that's right. facebook says it was hacked and that there's no evidence that user data was compromised. just announced moments ago on a blog post that it's been a target of a series of attacks by an unidentified group of a hacker group. a malware was installed on their computers. this is the kind of thing that even the most sophisticated anti-virus software could not have protected. they did have anti-virus software on their computers. this was a very sophisticated hack but there's no evidence that any user data has been compromised. >> looks like the hackings are getting more so fisted kay the minute. >> reporter: maria, i just want to point out twitter recently was hacked two weeks ago, and they say this has been in the works for a month now. >> thank you. coming up, the millionaire outlook on the economy. find out why it's so sunny and how you could benefit from it. and what could be happening at apple that has the creator of the xbox so they are vows? plus, that was fa

julia boorstin, who was the biggest winner in the ad world? >> the biggest winner wasn't an advertiser but social media andand twitter in particular. and over 24 million tweets about the game and halftime show alone plus millions more additional tweets about the ads. perhaps most importantly, twitter helped advertisers make the most of the 34-minute black out wasting in time, ads around surges for power outages began four minutes after the lights went out creating a surgeon ad mitting which could translate into a surge of translating for twitter. oreo tweeting, power out? no problem. you can still dunk in the dark. retweeted 10,000 times in one hour. now, an ad asking people to vote for the cookie or the cream, it has 36,000 instagram followers. another savvy black out move was audi which tweeted, sending leds to superdome. it's been tweeted nearly 10,000 times. and tide tweeted, we can't get your black out but we can get your stains out. one of the most controversial ads was godaddy's spot. sparking 50,000 tweets in 20 minutes according to a

julia boorstin is in l.a. g shows, what is the big risk that they are doing, julia? >> here's the thing about house of cards. it's netflix's first original series, and the company is releasing all 13 episodes at once. it's trying to play into the way people stream netflix which is binge viewer. the political thriller "house of cards" is costing netflix $100 mill for two 13-episode series, the first content created just to stream on netflix. past of ceo reed hastings' big plan to distinguish netflix with high quality content as you would see on showtime and hbo. shares are trading higher today on expectations that the new show will draw in new subscribers, but the strategy of releasing all 13 episodes at one time. that's in contrast to hbo which keeps people watch month to month to watch the end of "game of thrones." on the "today" show this morning kevin spacey, who stars in "game of thrones" says netflix is giving people what they want. >> so many times i'm hearing friends of mine saying i stayed home and watc

julia boorstin explains for us. julia? >> reporter: well, bill, they are not rivals.enemies, and they are teaming up. yahoo! will begin using google's massive map network to show contektural maps. yahoo! will be able to deliver more targeted ads to its visitors. users won't notice a difference. this is a change to the back end. the ads should be more effect you have. google will take a cut, but yahoo! will get the majority of the ad revenue. this should be a win-win, but analysts say since yahoo! needs the help it will benefit more, and it will now be able to focus its energies on creating content and on a small number of ad partnerships. >> thanks so much. which stock would make you more money if you bought it right here, yahoo!or google? we want to do talking numbers. technical side of the story, richard ross with global technical strategy and on the fundamentals jeff kilberg founder of kkm financial and a cnbc couldn't boughtor. gentlemen, good to see you. thanks for joining us. >> maria, how are you? >> interesting story here, this pa partnership. would you buy ei

cnbc's julia boorstin is on the red carpet with some answers. julia?ecret to winning your oscar pool is paying attention to social media as well as

let's get to julia boorstin who has the story. julia. >> reporter: that's right, maria. groupon just reported its earnings that revenues came right in line with expectations but its earnings missed coming in worst than expected and the outlook for the first quarter, the quarter right now, was also much lighter than expectexpecte. the stock is very volatile but the cfo pointed out that in the first quarter they will see a decline in the goods business which is one area they actually benefited from in q4 and they do expect to see growth again in the deal a day business, but this stock is suffering, maria. back over to you. >> thank you, julia. the stock really taking a hit there. take a look in the extended hours. that's the story. despite rising gas prices, a sluggish economy, a staredown between president obama and congress on spending cuts the market continues to climb that wall of worry reaching an all-time high. more now on this week and what this week could tell us about that historic number. good to so you guys. fir, let me ask you about the end of the day here. we

julia boorstin, whatever happened to three?unishment at all. >> reporter: think about it. downloading six songs or streamlining illegally may not seem like a big deal but it is breaking the law. pirates with this new they need to beware because they could get kicked off the internet. the movie and recording industries are teaming up with internet service providers by stopping piracy by educating and warning consumers before they pull the plug on internet access. people who illegally download or stream illegal content will receive a warning from their internet provider w.each successive warning they have done something wrong, they will have a different penalty, including being forced to watch an educational video or suspending internet service. the new six-strike system is unprecedented in that it brings together five major internet providers, comcast, time warner cable, cablevision, verizon and at&t, all under a single program. they are already required to warn users of piracy complaints by media company, but this clear uniform

julia boorstin is in town so we'll milk her for all she is as well as the managing editor at tech cobuffalowhen we spoke about this earlier, are you nuts? facebook is booming. you think we're insane. >> i have a number for you. 618 million. that was the average -- >> not 517. >> 618 million, the dale average user number in december, so that means every day in december you had hundreds and hundreds and hundreds of millions of people going on facebook, now more on their mobile devices, a lot on the desktop. that number says to me i don't care if other people are taking breaks for months at a time, there's still a lot of people using this service. >> one thing that really worried about this pew research, and roy, i'll bring you in on this one is that the biggest erosion is in younger users, not people like us with a lot on our plate. younger users. i thought it was the younger users who lived on facebook. >> definitely. the numbers were 42% between the ages of 18-29. that's the demographic that you're wanting to get at. >> right. >> it could be changes in terms of the advertising model that th

let's get to julia boorstin with that. over to you, julia. >> reporter: that's right, maria.upon announcing that ceo andrew mason is out. that's right. after several years at company, it has struggled dramatically since its i'm poe. the stock is down over 75% since its ipo in the fall of 2011. this, i would say, is not a big surprise. yesterday afternoon the company reported kiss appointed earnings and gave a grim outlook for the first quarter, and the stock has plummeted dramatically just today, and it continues to fall on this news, maria, but i do not think it is a big surprise. wall street was not confident that mason had what it takes to turn this company around. it has struggled with declining margins and also just trying to figure out the future of its business. does not earn the same margins overseas as it does in the united states, and there's a lot of frustration with the the merchants and also with customers. andrew mason, ceo and founder of groupon is out from the ceo role. back over to you. >> all right, julia. thank you so much. >>> despite today's down day for

cnbc's julia boorstin joins us to take a look at the hacking wars affecting twitter today. >> >> reportera day of hack attacks. they began this morning when jeep's account was taken over by a legitimate hacker and it continued this afternoon -- when it continued this afternoon when b.e.t. and the other company and mtv said they were hacked and they are both owned by viacom. what happened then is there was a lot of confusion on twitter and the company came out and said that it had indeed been a fake hack attack. they admitted that they had staged the entire thing. it was all a hooks. mtv then tweeted saying we totally catfished you guys. thanks for playing. so what happened then is that i spoke to twitter and they said they don't comment on individual hack attacks but they do work directly with companies and with brands to make sure that they do everything they can to protect their passwords. the key thing is twitter can't do anything to distinguish if a hack is real or fake. back over to you. >> apple's was hacked. employee computers were compromised but no data was actually stolen. the r

. >> let's get to julia boorstin who has some breaking news for us. julia? >> that's right, bill. the "new york times" company just announced its plans to sell the "boston globe" and all the related news properties that are part of the new england media group. the company has retained evercorp partners to manage the sale but is not commenting on which potential buyers it's talking to or what kind of price it expects to get. this is all part of a plan to focus in on a "new york times" brand itself and on the subscription model which is one of the few things working for the company right now. in the past year or so, the publisher has sold off a number of properties, including one group as well as other regional papers. spoke with the analyst who said they are stripping away everything but the core "new york times" plan could be part of a plan for the "new york times" -- the family that controls the "new york times" to take the company private. back over to you. >> thank you very much. much more ahead on this jam-packed edition of the "closing bell." charged up or flat. tesla motors

julia boorstin, what are we hearing on this?ndy, the headline is that time warner is in communication to sell some time inc. magazine assets. the idea would be to sell off some of the more profitable magazines. people magazine, real simple, as well as big thick magazine, instyle. the big question here is who would be the real potential buyer. i'm hearing that herst is not interested and that news corps would be a departure because they don't own a big magazine business currently. the key question is whether condi nass, owned by advanced publications, and in 2010 they raised $500 million to special specifically onon m & a. so andrew seagull has a $500 million woar chest and hasn't spent much of it. when we did an exclusive interview last week, they said they are open to the possibility. this is just very preliminary talks. but mandy, things are for sale at the right price. >> thank you for that, julia. >>> right now, session lows, sharon epperson, to what degree is this due to ties or headlines out of iran? >> i don't know how co

for that and more let's go to our own julia boorstin out in lovely california at the all things digital dive into media conference. julia? >> reporter: thanks so much, bill. i'm shund by michael linton who oversees all of sony's music, movies and tv business. sony corporation -- sony entertainment, inc. michael, the stars deal we've been talking about, know that netflix made a play for the movies. how did you end up with stars? >> stars has been our partner for many, many years. done really well with them. they made a terrific offer and decided to keep going with stars. that being said, do a lot of business with netflix. we were part of the "house of cards" production so we're happy to be with them as well. >> reporter: how is netflix changing your business which general, driving up prices when someone like stars accesses your content? >> doing a couple things, doing what you just described which is driving up prices in general, not just in the u.s. but other markets are netflix is present, but also it's another buyer, so for things like television series that we have on existing cable

julia boorstin, thank you very much. >>> meantime apple slide continues today. star of last year, the fifth worst performer in the s&p 500 this year. it's certainly been a rough ride for apple shareholders since ephone 5. why do we say that? look at this time line, august 24th, 2011, tim cook, then iphone 5, then ipad mini. you can see the iphone 5 announcement was nearly the peak of the stock so far. apple shares down 29% since the iphone 5 launch and down 21% since the ipad mini came out. this begs the question if apple slide continues and new products fail to amaze is tim cook cooked as apple ceo. let us bring in jon fortt, herb greenberg and reggie middleton, editor of the blog, should note reggie but a note out to his clients, i'm not sure the exact price point on ambassadors, dog gone near the top, saying get out of the stock. it was a great call. why did you make it and what do you see happening now? >> two reasons for making it. number one, apple is pretty much done in terms of a fat margin business model simply because the competition from google was de

i'm julia boorstin in los angeles. >>> a tale of two very different companies. with disappointing earnings, taking a letter cuts on deals and issued a dim outlook. this brings the deal a day business down more than 75% since november 2011 ipo. now the very other end of the social spectrum linkedin recently has been benefitting from positive analyst notes as well as survey finding it is the very top tool for private companies. linkedin has been consistently growing all three business lines, quite a sharp contrast to groupon. sue? >> i will pick it up. macy's not here today, julia. let's see where we are on the markets. new a session high. and we are inching closer to the 14,164 all-time high on the d n rick santelli is live from the cme. hi, we always seem to link up, we meaning the fixed markets, to the dow. it doesn't matter. if you're a day trader, all that matters is you look at the chart of tens or two day chart of tens, unchanged on the day at 190. were lower, coming up and the reason we're coming up is, as simon pointed out, oi tn the hi of the equity sess

julia boorstin says it works on brands, individual practices.s appears to be a web problem, not a twitter problem. cadillac says on its twitter account that it has nothing to do with this latest incident. >> i say do away with everything, twitter, facebook, electronic devices, pcs, go back to the olden days. thank you very much, jane wells. that will solve it. >> might solve this. the cyber security story took another bizarre turn when a new report by an internet security firm came out and traced thousands of cyber attacks to a single building in shanghai as well as to the chinese government itself. senior correspondent scott cohn. >> there's hacking and this is scare y, 75 page report which first and in the "new york times," striking in its detail. comes from security firm mandia saying it's certain it comes from the chinese government. >> china has a controlled access. everything they do on the internet is monitored there. we have seen thousands of attacks in the last two years alone. it's hard to believe or strains cred credulity, hard to bel

julia boorstin, let's start with google with a history, these are strange bed fellows, aren't they? say it is a deal with a with a frenamy. tweeting out to followers, she thinks this is a great deal for yahoo! >> what are they doing? >> users are not going to in the any difference. if you use yahoo! or not their various sites, you won't notice a difference. but it is a change to the back end. google will supply some of the ads or yahoo!'s ad inventory. google has such a broad range and a huge ad would net work that they should be able to deliver more targeted, more relevant ads for users, which means they should make more money. >> good for yahoo!. let's move to "the new york times." from old media to new media. >> that's right. digital subscriptions are on the rise. 13% more digital subscriptions than the prior quarter. from q3 to q4, a big jump. there was a political season. a lot of great digital coverage of a snow fall thing. i don't know if you saw the snow fall session. but knocking digital out of the pa park. this this is first time that subscription revenue is bigger than ad

julia boorstin with the latest there.xt, the president going to bat for a major minimum wage hike. there's a lot of debate going on if doing that would help or hurt the economy. we'll talk to the head of a small business and get both sides of the debate. later on carnival executives in damage control as stranded passengers aboard the disabled cruise ship get tugged to shore but are the executives understating the state of conditions on board? we'll try to get to the bottom of this developing story. back in a moment on "closing bell." ♪ [ engine turns over ] [ male announcer ] we created the luxury crossover and kept turning the page, writing the next chapter for the rx and lexus. this is the pursuit of perfection. >>> a quick market flash and over to josh lipton. >> reporter: two companies reporting after the bell and both are getting clobbered. let's bring you up to speed. whole food investors unhappy. eps on sales of $29 billion. shares of 283 to 287. the street wanted to see 290. another name. weight watchers getting c

julia boorstin is live in palo alto outside zuckerberg's house with that story. er: good morning to you, carl. that's right, mark zuckerberg likes chris christie and tonight he's holding his first fund-raiser but showing christie's bipartisan appeal beyond the gop race. zuckerberg attended a high-profile dinner with president obama and hosted town halls for president obama at facebook. zuckerberg donated $100 million to newark public schools which announced with governor christie and new york mayor cory booker. >> we're starting a $100 million grant so the mayor and governor can have flexibility to implement new programs in newark and turn newark into a symbol of educationalle examinence for the whole nation. >> zuckerberg is stepping up his educated flan pi. this past december he and his wife donated 18 million facebook shares to the silicon valley community foundation. he's contributed $10,000 to facebook's political action committee which donated $267,000 to both democratic and republican candidates over the past two years but today's event does face some oppos

julia boorstin has the story from out west. >> hello to you, carl.sted a fund-raiser for republican governor chris christie last night at his home in palo alto. it drew several dozen guests a i ton of media attention and about 40 protesters. christie arrived in a white suv, that's him in there. he snuck in while former secretary of state condoleezza rice entered through the front. event organizers did not release a guest list saying the event was targeted at zuckerberg and priscilla's social network of friends. there were a number of facebook executives present, some entrepreneurs and venture capitalists from the palo alto area. the event drew about 40 protesters chanting criticismses achristie's policies on women's health funding in particular. many of the signs they were carrying read zuck and chris, hands off planned parenthood. credo action organized some of the protesters, they said christie is funding the war on women. facebook has released a statement saying that mark and priscilla worked closely with governor christie on education reform in t

julia boorstin joins us for more on the effect of the blackout on advertisers and on cbs.bit of a headache. >> it was pretty phenomenal. i mean i'm sure jaws were dropping and there were a lot of headaches going on back in the production room for cbs. it did end up being a big win for several advertisers and if the blackout gets credit for the gaming so close it helped cbs as well. of course the people are less likely to change the channel if the game was very close. the biggest winner was bud light. played in extra time once during the delay and once after the game resumed. that 60 seconds of free air time is worth between $7.5 million and $8 million. subway also benefited from a replay of its 30-second spot during the blackout cbs ran extra promos for its shows, issuing a statement saying that it treated the blackout like breaking news, and that quote all commercial commitments during the broadcast are being honored. verizon media tells me that the biggest loser of the night may have been the cbs postgame episode of "elementary" as the start time was delayed. ad gate als

julia boorstin is tweeting a photo of some crazy lines that she's calling in at jfk. everyone is trying to get out of the city before the storm hits. but everything starting from now is basically canceled. >> it will be hard. if you are stuck, there's within thing you can do. >> which is? >> turn the tv on. >> and watch cnbcwex. >> get your food in -- >> and -- >> no, no, the entire channel is fine. you don't have to just watch "worldwide exchange." there are worse things you could do. >>> still to come on the show, apple says it's considering returning cash to shareholders after coming under pressure from david einhorn. more details when we come back. . this is for real this time. step seven point two one two. verify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. [ male announcer ] ok, here's the way the system works. let's say you pay your guy around 2% to manage your money. that's not

julia boorstin has the details on that. hey, julia. >> good morning to you, carl.gambling to help the struggling casino industry. zynga shares higher today, and moved sharply higher friday after nevada approved online gaming. investors seeing some potential there. now, about 30 million people play zynga's poker game on facebook alone every month. so even if a small percent of those are converted to gambling with cash, it would provide a much-needed boost to zynga's average revenue per user. the ceo saying in a morgan stanley conference on monday that he's not going after the hard-core gamblers, but looking to bring the gambling experience to the masses. with the stock off about 75% in the past year, and ongoing layoffs and restructuring, zynga is pushing to launch this new business, but it's not going to happen so fast. it could be a year before its application for an operator license in nevada is approved. now, new jersey's move also offers big expansion opportunity for companies like poker stars, the world's biggest online gambling company, as well as others like

we'll go to julia boorstin with the details. >> melissa, netflix is partnering with dreamworks animation to create the original series for kids. it's based on a movie called turbo opening in july, and it will debut in december in the u.s. and 40 countries around the world. in addition to this deal for the new original series, dreamworks animations movies starting with those that are coming out this year, will be available, made available to u.s. netflix subscribers. this is a very big deal for netflix as it doubles down on the content in kids' content. paying for premium shows with a big name creator. this is also a win for dreamworks animation, generates an additional revenue stream, should help them balance out their sort of bumpy earnings results. we don't know the financial terms of this deal, but it can't be cheap for netflix. it could cost dreamworks animation hundreds of millions of dollars to create their films. later this morning, melissa, we'll be talking to netflix's top officer, and we'll also bring you everything on cnbc.com. >>> meantime, the president's going to give his a

real news came during bob iger's interview with our own julia boorstin. >> in fact, we are working on a few stand-alone films. larry kazden and simon ginberg are working on films derived on "star wars" characters that are not part of the overall saga. we still plan to make "star wars" 7, 8 and 9 over roughly a six-year period of time. there will be a few other films released in that period of time, too. >> it is amazing, jim, because this was an acquisition done just in october. they're monetizing this thing left and right already. >> look, the big controversy last quarter was, espn not so good. that turned out to be false. did they buy this. he said, trust me, it's going to be marvel. people didn't trust him. why they didn't trust him, i have no idea, since he's completely bankable. but he had just bought the thing. now he's got a clear path. in the meantime, geez, the theme parks are booming. it's doing great. shanghai numbers. everything that was disappointing in the previous call that drove the stock down from the low 50s to the 40s, he corrected, and i think this is a story that

for the nerds out there, the news came during our interview with julia boorstin. >> we are working on characters that are not part of the overall saga, so we still plan to make ""star wars" 7," 8 and 9 roughly over a six year period of time starting in 2015 and a few other films released in that period of time, too. >> cannot wait. what does that mean? will we see teen wolf? can't wait to find out. up next, phil lebeau is life life -- live in the studio and tell us about the trimming down impact of beoeing's groom line sneer imagine you -- dreamliner. >> imagine you want a place in japan and then told you can't have that for a while and it will cost you hundreds of thousands if not millions of dollar and we will talk about the dreamliner grounding when "squawk box" returns. >>> this friday, "squawk box" hits the green. we are live from pebble beach and the at&t pro-am with special guest host, former yahoo! ceo and one of the most powerful women in business, carol barts, joins us for all three hours starting at 6:00 a.m. eastern time, only on cnbc. we've completely integrated every ste

julia boorstin is here to tell us why. >> one thing that may be triggering it is it's just as easy togapore this morning, at a wall street journal conference, eduardo saverin said when you grow to fast, it's hard to iterate, education and sort through all this process to take place. he said there's always mutt many threats to facebook that, we have to remember he has not been involved with facebook since its early days. we spoke to morning star analyst who said people could roll their investments over from phase to google. >> sony introduced its playstation 4 last night. it was described as a supercharged pc. it has yet to announce a price for the playstation 4 and the console itself was never shown for the presentation. joining us is ceo of sony america. john, good to have you. i've heard of leave them wanting more but i didn't y nwhy not lot night? >> i can promise you it will be plastic, probably some kind of rectangle. what was really important was to show people what the box could do. >> when does a launch date and pricing become more visible? >> we have several beats, very key e

. >> tyler, we are getting more news on time warner pl jua boorstin is live from l.a. julia?arner is in talks to sell some of its time inc. assets. let's see what jeff lucas told us about time inc. >> it is not based on classified ads. there is tremendous resilience in the national publication magazine business. but advertising demand is secularly not so strong, down a bit. and the question of whether we ought to put that in a different frame is one we have been asking. we are not, at this point, have not decide said to do something like that but we will keep investigating that. >> they have not decided to do anything, but clearly, everything is for sale at the right plarice. so time warner's time inc. division has two basic groups. one is the fashion publications like people and in style. these are the most profitable magazines and there are some talks they could sell them and hold on to the news magazines, including "time" and "fortune" magazine. who is the buyer? news corps is looking to bolster publishing assets. another publishing buyer is herst, cosmopolitan and others