the king of copan. eighteen rabbit is captured by cauac-sky, who sacrifices him in 738 and then never ceases to brag about it afterwards. all of his monuments -- which become much larger and more grandiose, even though his political system is a fairly small one -- mention the fact that he captured the glorious king of copan, eighteen rabbit. keach: by erecting stelae, cauac-sky capitalizes on the sacrifice. his prestige increases and his tiny kingdom grows, but he does not take over copan. he simply does not have the manpower to conquer the larger kingdom. at copan, not much happens. life for most people goes on as before. a new king is installed, but he keeps a low profile. he erects no temples or stelae. but archaeologists imagine that behind the scenes the royal family is busy trying to figure out how to restore their lost prestige. they settle on an imaginative scheme -- a media campaign and a grand building project. the building is a pyramid with a magnificent stairway. the steps are inscribed with

king with his eloquent -- teasingds, stokely is dr. king.e says, my activism is one of the reasons you are coming out against the war. tavis: this audience knows i love dr. king. out thistext coming summer. i regard him as the greatest american this country has produced. i will be the first to say stokely outdid him that day. if you see stokely speech and king speak, it was the one day stokely took the show. it.ely killed >> 30 friendship was connected to that vietnam war road test. -- the deep protest was connected to that vietnam war protest. stokely says he is coming and is going to be in the front row and is leading the standing ovation for dr. king. it's important to note that stokely loves dr. king deeply. anis: this might sound like indictment on this generation, on our generation, and if it comes across that way, maybe it's deliberate. long at a dinner party not ago, and we were talking about the fact that our generation -- we are notasure up. our parents. we are not our great grandparents. what i am coming to is the point you made.

king 18 rabbit built more than any other copan king, before or after him, according to william sanders. sanders: i think this would be the time when the power of the lineage heads was at its weakest and the power of the central authority was at it's highest, the power of the king was at its highest in copan's history. keach: but even then, royal power was limited, according to archaeologist and co-director of several copan excavations david webster. webster: i think power is the ability of leaders to coerce people into doing things they don't want to do. you get power like that generally in one of two ways -- by having some kind of force or threat of force behind your demands, like a military force. or you get power by having something -- land, water, some scarce resource that other people need, and you manipulate them that way. i don't think maya kings were powerful in either sense. keach: the kings ruled not so much through power but through their authority to settle disputes, spearhead the common defense and control some land. they also gained enormous prestige by redistributing pre

but king? king is looking like it will be downright cheap.tuesday, the book runner set the preliminary terms for the deal. it is expected to be 21 to 24 per share. that's going to give it a 7.4 market cap. >> that will give it a market cap. consider this, at the mid-point, king would only be trading for 13 times earnings. 13. that is is substantially cheaper from the average s&p stock and, trust me, king is doing a lot better than the average stock. it's cheaper than the electronics arts. it sells for 20 times earnings. i would say it's better. what if you value the stock on sales? when zynga became public, it priced five times sales. king is 5.7 times sales. it's cheaper. the numbers are better, too. king is 1.4 million daily users up from 109 million in the previous quarter. before it became public, the numbers were on the decline, we should have seen this. $54 million down from $59 million in the prior quarter. king has fast earned growth. it keeps revenues as an earnings before appreciation king has a terrific balance sheet. no debt at th

the king even visited president george? bush at his texas ranch in 2005. but now things have changed. the aging king's long-time bargaining chip oil resources has lost some of its influence. the growing ability to drill for shell natural gas in places like north dakota has made the u.s. less dependent on foreign fuel. >> before we begin our conversation on the strains in the u.s.-saudi relationship, we want to go live to saudi arabia to the white house's correspondent mike viqueira. mike, what have you learned about the meeting? >> well, it was a two-hour meeting, fairly long as far as these bilaterals go. the president talked about ukraine and the saudis were angry. the saudis are important. it was important for the president to come here and show solidarity with king abdullah. the saudis, as you reported, are upset about iran and the secrecy of talks that took place in oman between the united states and iranians that led to those talks that are undergoing right now in geneva, and what we learned, ray, those two items did dominate that two-hour talk almos

, ex-king of aragon. you can't get higher than that. so what? having been king of aragon, you are content to ride in reviews at the head of 50 bumpkins armed with billhooks, when you could get your loaf measured for the crown of poland? huh? i don't understand a word you're saying, my love. how stupid can you get? by my green candle, king wenceslas is still alive. but isn't he? and even if he does kick the bucket, hasn't he masses of children? why shouldn't you finish off the whole bunch and put yourself in their place? now, by god, madam, you really have gone too far. and you shall be, very shortly, beaten up, good and proper. you great slob. if i'm beaten up, who is going to put a patch on the seat of your pants? so what? haven't i a bum like everyone else's? if i were you, i should try sitting that bum on a throne. you could become enormously rich, eat as many bangers as you like, and roll through the streets in a fine carriage. if i were king, i'll get them to make me a great bonnet, like the one i us

king digital entertainment maker of the hit game going public right here at the nyse and king is valued at almost $8 billion but the question everyone is asking is it worth it. we'll talk to the ceo after the opening trade. >>> and facebook is jumping into a new arena, virtual reality, they are buying oculusvr in a deal worth about $2 billion. so what can virtual do for social? we'll try to find out. >>> blackrock ceo larry fink sounding the alarm about the recent popularity of dividends and buybacks. in a letter this morning we'll tell you exactly what he had to say. >>> first up, though, king digital entertainment set to debut on the new york stock exchange, the maker of candy crush saga saw its ipo at $22.50 a share, gives it a valuation of about $7 billion and ticker will be k-i-n-g and we'll speak to the ceo right after the company's first trade this morning over at post eight. jim, you have said you like the way the deal's structured so far. >> it is not an expensive stock. those who compare it to zynga, zynga was trading at 58 times earnings. this is sa very well multiple stock v

kings don't select bishops. i think this generated a certain kind of conflict that is maybe regrettable. what pope gregory did, for example, was to say that, well, kings really have no status or practically no status. he gave kings the status of below deacons, kings have very low status in the church and wouldn't have any power to do anything, let alone appoint bishops. and this kind of demotion of the place of the king i income mid e -- i think in medieval culture was probably perpetuated tensions between temporal and spiritual power that is regrettable. but i think it was right for popes to protect the freedom of the church to appoint their own bishops. we're seeing that now in america in and the question whether the church is free do what it thinks as right. for example, the recent stay of -- for the little sisters of the poor against the state mandating that they follow the hhs is a clear kind of reiteration of those investty tour controversies. just the way in which those stories are cautionary about the re

i haven't used the underground since that night at king's cross.r safer now than it ever was. but for me, personally, i'm happy to avoid it. >> those who solved the mystery of the king's cross fire know their intensive efforts will help save lives. >> there's also a plaque in the booking hall to the memory of the people who died there. i often just stop there and stand and read it and just spend a quiet moment in reflection, because there was a human tragedy there which sometimes can easily be forgotten. so, i feel strange going back there and a little shiver. >> i enjoyed seeing the computer model be used in a way that was good, so people could understand what had happened, and therefore, try and prevent it happening again. >> it's opened a whole new line of study on flame spread that perhaps would have taken much longer to achieve if we hadn't had the experience of king's had the experience of king's cross. -- captions by vitac -- www.vitac.com >>> the mystery of flight 370. happening now, new data showing it may have flown for hours thousands of

king of spades.with his pair of queens and a gut shot straight flush draw. >> kuhn is drawing very dead. >> the river is the four of diamonds. chanos wins the hand. keeping his seat at the table for the time being. >> he keeps grinding away. chip and a chair and a head full of hair. >> that, he has. >> jim chanos checks his whole cards and sees queen, 5, off suit. steve kuhn first to act with an ace, king. he pushes all in. >> a tough spot for chanos. he could be doing that with any two cards, but in this case, he has got the goods. >> whatever his all-in, mine is less. >> chanos calls and he is all in with queen-five against kuhn's ace-king. >> this time i have got a real hand. >> i'm sure you do. >> let's see if it holds up. >> it will. >> kuhn does have a hand. he's a 2-1 favorite to win the tournament right now but if he doesn't, it's back to even. >> the flop comes, king, ace, three. steve kuhn flopped two pair. turn card comes, 2 of spades. chanos still in the game with an inside straight draw.

king. he speaks before dr. king.after the meredith march where stokely carmichael unveiled the black power slogan with different stick activists and others. there is a famous repartee between march licking and stokely carmichael where we use you to unleash this because the media was going to be here and dr. king says stokely carmichael, i have been used before. won't be the first time but certain people around dr. king said after the mariners march we don't want king and stokely carmichael sharing the stage again and they don't until april of 1967. what is interesting is they find common ground in opposition to the vietnam war. dr. king does three important anti vietnam speeches in april of 1967. april 4th in riverside, n.y. and the united nations and new york but the third is ebenezer baptist in atlanta and the end of april and he called stokely carmichael saturday night, he says what are you doing tomorrow morning? stokely carmichael says like a good he then i won't be in church, just working for the people and dr.

king. >> guest: there the three central characters. for carmichael he sees this as a unique opportunity as the chairman of sncc that is a progressive vanguard. said reese started to question tuesday are as an organization. but what they see as a slow pace with the civil-rights active voter rights act has passed and not enforced. they say it is on the books. now they say they are reluctant. they don't care anymore about lobbying white america or appealing to the national conscience but much more concerned developing leaders on a local scale. they're not defined by the idea of a mass march but when meredith is shot they recognize the opportunity because sncc has done the most organizing in mississippi so with some of the largest black communities where sncc has made its name with local connections. with that moving grass-roots organizing as part of black power and carmichael but it is what catapults by the end of the march he is the heir to malcolm x. the voice of black radicalism as a charismatic speaker he has a gift to talk to local p

king and malcolm x. up, the issue becomes -- the issue here is, we have to talk amongst ourselves, as you're doing with this book. the issue is about economic linking those -- >> host: thank you, lawrence. >> guest: i would say that's true. i think when we think about these racial struggles of the 1960s and somebody like stokley carmichael or martin luther king, jr., it's an economic struggle. what's interesting is initially in carmichael's arc he believed it could be combated through organizing. for example, trying to register and get people voting rights in a place like mississippi was so they could be part of the political process, and then later, by 1965, trying to organize in a really microway, local community organizing, make sure that black folks in the county had the political positions to impact them economically as well so they wouldn't have to be at the mercy of white plantation owners or a white political establishment. also he continues, by 1966-'67, he is talking about the vietnam war and h

king. dr. king made at it point of pride to leave no wealth behind.ertainly that put his family in a bind but he made it a point of pride. king leaves this world with maybe two suits in his closet, very, very little money, maybe a life insurance policy, and the family struggled, for a time. es chewed trying to gather wealth. there's a point in the 1960s he could have, and the '60s and '70s but all the money, any money he makes from speaking engagements, from books, go back into the organization or his political activism. so he does not die a wealthy man. in fact his medical expenses were taken care of by basically the black community globally, a network of different friends, activists, organizations, who did fundraising to take care of his medical expenses while he was battling cancer in '96, '97, '98. >> host: were you able to talk to a lot of supportses who were close to stokely carmichael? >> guest: i was able to talk to activists activists who worked with him, especially in the nonviolent coordinating committee. some people went to high school wit

in the painting is higher than the king's. odd, since he's the one going to heaven. but it's in the religious paintings that rubens pulls out all the stops. his church paintings, such as the descent from the cross, served the requirements of roman catholic counter reformation ideology, inspiring faith, inducing piety. the immediacy and individuality of the figures, the use of great circling arcs in the sweeping compositions, his dazzling use of color, all contribute to the heightened emotionalism that was intended to lift the spectator out of the everyday world into a state of exultation. his works are the most powerful expression of triumph and christianity. rubens achieved his success early as we see in this youthful self-portrait, together with his first wife. he was the superstar of the art world of the day, the most esteemed court painter in europe, when in 1628 he was summoned to spain to paint the king. from his capital at madrid, philip iv ruled the greatest empire in the world, with dominions stretching from the phili

crowned so the exchange back and forth in which the king was christian and pope was christian and you have a temporal power and spiritual power mixing constantly that's part of the transfer. and the interesting thing occurs you start to think in the terms about that but church encompasses the whole order of europe if you asked what they were they wouldn't say i'm from george irvine or italian. they would say i'm catholic and i am from this town and the church ordering the whole society which meant the idea the body could transfer to the society as a whole so he tracks the political historian from berkeley this history of the migration and data migration moves and then in the early modern period how that begins to transfer to the state societies which early nationstate formation together a lot of these ideas and a tribute than to the ideas >> is this a primer for the christian activists? i don't think so. i wrote it for my students so i wasn't just throwing primary text to them that i wanted them to have an easy digested guide is a one br reading the sources they have a way of linking

king of song born of the face and heart of king born of the hope. causalities the revoig. so if our song rings on. this will our hope. for the ring over the weary sing we sing for the song. we have long over a way. we have gone through 0 singing. if the - we sing. with people for our story. of our horrify gone overnight and triumph. now we will raise our voice. it is forever in the past we sing. those are the places. make our hearts stronger. this is the voice. to the heart and soul. (clapping.) ♪ ♪ ♪ ♪ i left my heart in san francisco. i honor it all to me. to be with little cable cars fly halfway to the stars. some morning it is in the air. i don't care. my love waits there in san francisco. among the blue and clear sky. when i come home to you san francisco. your gotten sky will shine for me. your golden sky will shine for me. (clapping.) >> thank you very, very much. the pacific boy choir academy. (clapping.) an academy that is supported by willie lewis brown. well, you, you know, it took the state legislature to make this a reality but it took

this sne relief depicts the rituals required of maya kings and queens. lady xok kneels before her husband, the lord of yahilan. she draws a rope studded with thorns through her tongue. her blood, dripping down the rope onto bark paper, will be burned as an offering to the gods to insure that the cycle of life would endure. the story continues in a second relief. lady xok, perhaps in a pain-induced trance, has a vision. from the mouth of a giant serpent her ancestor emerges as an armed warrior. in a third relief she appears again, arming her husband with a shield and jaguar-helmet in preparation for war. in the absence of a central authority, the various petty kingdoms inevitably battled for control of resources. palenque waged war against tonina, a warlike city-state lodged in the rugged mountains to the south. their grim rivalry persisted for generations. themes of war, sacrifice and captivity became common in maya art, documenting the impact of internecine warfare on court life. warriors... ready for the call of battle... the triumphant return from war

king sold more than 22 shares, $ $million on its own.ggest shareholders will retain a 44% stake after the ipo. the co-founder will hold 9.5%. king on the nyse today under the ticker k-i-n-g, which seems fairley appropriate. >>> rupert murdoch's sons have been promoted to key positions in 21st century fox. james murdoch has been named the cooperating chief officer and brother lachlan has been named coexecutive of that firm. neither managed to grab the top spot at fox. the current chairman and ceo is agreeing to extend his employment. joining us on the phone, heel ya. and joe, thanks for joining us. alex, your view, first of all. what does this mean for the long-term running of news corp.? >> well, over time, there's been a -- feel to the operation. the murdochs have always been involved in very key management positions and they've always retained a significant ownership of the voting shares. so to some extent, this cements the reexisting position, which is that the murdoch family was deeply instrumental in the running of the company, but

host tried to move on from the interview from donald king but donald king was not ready to be moved one final thought is cable outrage. it will make your hair hurt, even don king's hair. >> really, specifically when you are with john don you have everything going for you. >> this caught our attention. this listen to what he has to say because he says what he means and he means what he says. >> this story -- [laughter] >> jon: i've never said this before but i was unable to change the channel from cnn. these news people are doing their best to do an incredibly stupid segment on beer transplants neither real nor interesting but now because of don king i have to watch it because he's making it real and interesting. more, i say, give me more of the king. >> it's wonderful. electrifying. >> let's call them beer jobs if you will. the story says they come from your head and put on your face ax apparently the most prominent requests are brad pitt. >> you need a raise because you guys are startling. you've taken the people by storm. >> that is it for us today. >> you can't beat it with an egg b

fourth and king is only relevant until it's built than a different discussion. the previous presentation the long-term view recognizing that until the final northern term news is built absolutely caltrain has accommodations to be take care of for fourth and king >> i'm glad for that clarification you kept

because king freaked everybody out yesterday. look at king which is up a little bit today, but that stock was a met opened at $22.50 pricing and ended below $20. everybody saying, oh, my heavens. the ipo market falling apart. now just a problem related to king directly here. put up the big three. i'd be impressed see the gains? if all three closed up double digits, a big success and quiet the worries about the ipo market. scott and mandy, we have five of them pricing tonight. this is going to be a demuchant the next few weeks, the billboard company for cbs. guy, bottom line now is, it looks like king was very heavily shorted all day. a lot of people betting the game business wasn't going to be successful, but that's different than saying the ipo business is falling apart. >> yeah. >> right now it looks like the problem is king, not the ipo business. >> a lot of question, too. 75% to 80% of revenues from one game. weighing on stocks. thanks. >>> trinet on "mad money" tonight with jim cramer. 6:00 p.m. eastern time. >> something to

fourth and king is only relevant until it's built than a different discussion. the previous presentation the long-term view recognizing that until the final northern term news is built absolutely caltrain has accommodations to be take care of for fourth and king >> i'm glad for that clarification you kept saying revenue service at fourth and kinky didn't know it would be continued that fourth and king would stay as a functioning decision. >> i mentioned we're continuing a concept of operation study that's really a study that's gone and it's piggy backing on the rail yard study. what we need to do is fourth where we can accommodate all of the operational needs another caltrain we're looking to see how much capacity the transbay can have for revenue and non-revenue we may still need additional will storage as well as at&t park. we're commissioner moran all those things but the focus is on providing service to transbay in the long-range term >> i don't know what the variation would be it would be annoys to say hear caltrain say once everything is ready to go platfo

you could have won pretty easily a death penalty case in the chelsea king case.the family i talked to was chelsea's family because we had no case on amber, and we talked about the fact that the end result with a life without possibility of parole is he'd die in prison and there would be no appeals. >> so the kings were faced with a decision. would amber's parents ever learn what, in fact, happened to their daughter? would they see her killer pay for this crime? april 16th, the day after mo and carrie learned about the plea deal. >> this is a special news report. >> san diego television stations interrupted their afternoon programs. >> a hearing is scheduled in the courthouse for john gardner. >> there was news, a lot of it, all at once. >> let us take you live. there's john gardner right there. >> the truth of that allegation? >> yes. >> a stunning admission of guilt, first for chelsea king. >> you're admitting that on february the 25th, 2010, you attacked chelsea king while she was running, you dragged her to a remote area where you raped and strangled her. you

helping to propel king to $150 million.of the hottest ipo's this year, investors might want to think twice. >> that number has been declining, they have other games, not doing as well. if they are a big game is slowing down, it sent looking good for them. >> farmville was once the hot game, their shares have fallen dramatically. even angry birds struggled to maintain the buzz. investors felt like kids in a candy shop. in the fierce world of social gaming, investors may want to settle for a less intense sugar rush. >> you know who likes candy crush. >> candy. >> yes, always playing it. that is all the time we have for now. >> for our viewers "early start" is coming up up. for everyone else, "world business today." ♪ >>> breaking news this morning. the search narrows and intensifies for the missing malaysian jetliner that vanished from the sky nearly three weeks ago, investigators scouring the southern part of the indian ocean by air and by sea. new technology on board to help find that wreckage and reveal what went so terrib

king's ipo, could it take the crown of -- for the year? >>> rbs, santander and hsbc trade lower as they face the stress tests, too. >>> and europe touches multi year lows. the ecb could ease policy as early as next week. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >>> and a very good morning. welcome to the show here on "worldwide exchange." very good morning to you if you're just joining us, as well, in north america. european stocks yesterday were softer. the dow down. this morning, futures are indicating we are going to get a bounce higher on the dow by something around 17 points or so. we're pretty much half a point above fair value for the s&p and the nasdaq yesterday having its worst performance in two weeks, down 1.4%. as you can see, futures were just indicating -- i think we had a flat opening. the s&p down 0.7% yesterday and the dow jones average was down 0.6%. facebook down nearly 7% after agreeing to buy oculus for $2 billion. we saw that big fall in king, as well. just

it does not -- >> king makes a profit.y something about their business model as opposed to the other apps makers waste have -- we have seen list that do not make it to profit. >> this is one model but constantly coming back to it and not purchasing is a very lucrative model. >> it has been lucrative for angry birds renting out into various merchandising roots. it wants to expand into an animated film. it is even talking to disney. will we be buying our jellybean t-shirts? >> i do not think we have got a choice. there is lots of talk about king. you look at something like rubio -- rovio. ands cuddly toys merchandise. that managedrand to spread. >> it is all happening in finland. makesve got rovio that angry birds. march onas taken a rovia. >> there are lots coming out in eastern europe. as we said it is easier to replicate. >> what about the future of gaming? it has implications beyond gaming. facebook buying oculus which is an eyewear maker. it makes the gadgets you wear on your head to play certain games. is that a bold m

the opposite of this king thing today. i think you try to get a piece of the deal, but if you can't do that, walk away, say you missed it because these momentum iprs are too frothy to be anything other than trades, and that includes all the ones we had in the last couple weeks. jacob in virginia, jacob? >> caller: hi, mr. cramer, how are you, sir? >> good, how are you? >> caller: great. i watch your show often, i read "the street" almost every day and i'm in eighth grade and in economics class at a great school and we play the stock market game. we own 21 stocks, but one of our best stocks are -- jack in the box. >> i like that handoff. man, first of all, thank you for the kind words. if i can get eighth graders watching, we'll be winners. jack in the box is a very good stock. it's coming back down just because the overall market is going down. it's doing a remodelling that's working. it's been one of my favorites hold on to it. ut oh, i remember this gentleman last time. fozie bull in colorado, fozie. >> caller: hey, jimb

king digital is one of them.g that cheap and it is also down, do we need to find some other companies out there that are cheap, but and are not necessarily going to be quite so much the burden in the portfolio? we took those 150 names and we sorted them by pe. we wanted only stocks trading under 15 times earnings, so they are cheap. and also where earnings are growing at least 15%, or forecast to this year. we found about 14. we are calling these the anti-candy crushers. maybe they are going to crush candy crush. some of these names you know. corning, the maker of gorilla glass on your iphone. some of these you may not. bottom line to my put all 14 tickers on my twitter handle. are trying to find growing technology companies, because the market is not very happy with candy crush maker, king, today. >> this morning on the loop julie hyman spoke to king digital's ceo. she estimate the share price was too high. >> my focus is not on the price. we have long-term synergy. by focusing on the long-term, we create shareh

is the price right for king digital?he wildly popular maker of candy crush goes public today in its ipo. and later, general motors message, hitting the web again to try to reassure customers. we have a germanic -- a dramatic video to show you. the fifth floor of an apartment complex when this fire broke out. incredible images. the blaze was rolling in intensity when he swung himself over the ledge and dropped down to the next floor. he was ready to jump just as firefighters reached him. after some maneuvering, he scrambled onto a ladder and that was just moments before the upper floor collapsed. absolutely incredible. ? ♪ >> this is "lunch money" on bloomberg television and we are also streaming live on bloomberg.com and your tablet and smartphone. adam johnson. king digital is the company behind the popular mobile game kenny crush made it trading debut today. $22.50. that was the midpoint of the range. stocks fell 10% right out of the gate. riccardo zacconi. >> by focusing on the long-term, we create shareholder value.

martin luther king was emotional about missing this occasion. he hoped for an opportunity to talk about the sfakz of the movement and it's connection to the process shown p.i. by this sermon, however, mr. kings personal attorney one of his political advisory and for historical reasons he was a draft speech writer and one who helped him write the iconic i have a dream speech. he's a professor at the every time of the san francisco and a schooler at the martin luther king jr. at the university. doctor jones is here to puck pick up the mandala we welcome you to the podium (clapping.) >> thank you so very much. aefld i think the organizesers of this program are testing my skills i'm also a professor of the university of the san francisco on the art of speech writing so i find i've been limited to a short period of time. let me just say this (laughter) it is fitting in the naming of the bridge considers in the 50th anniversary year of the 1964 christopher's movement and for the crusade for the ask the especially from the north and across the nation t

king that you are gay. ( cheers and applause )., that's steve king, 2010... office building, washington, d.c., 20515. be sure to label your envelope "campaign contribution." so you know that he'll read it. we'll be right back. ( cheers and applause ) how do they make starburst taste so juicy? well, i hear, there's this orchard... where michael bolton serenades the trees. it's called bolton-izing. it creates the juiciest flavors in the world. okay... [ female announcer ] starburst. unexplainably juicy. ( cheers and applause ). >> stephen: welcome back, everybody. my guest tonight is a scientist and musician best known for coing the term virtual reality. please welcome jaron lanier. ( cheers and applause ) glaron, thank you so much for joining me. good to see you. thanks for being here. >> thanks for having me. >> stephen: sir, you're a computer scientist, you're a composer, europe a virtual artist and author. best known as the father of virtual reality. you worked at atari, where you were the lead scientist of the national teleemerg

king is in a casual space. becauseallenging there's not much loyalty and they are not spending much money to begin with. >> p.j. mcnealy, thanks for weighing in. we will continue to follow king and its performance. ceo of digital world research. we will be talking about facebook buying oculus. a lot of people caught by surprise. the virtual reality company bought for $2 billion. we will speak to an early investor next. ♪ "bloomberg west welcome back to "bloomberg west." i am emily chang. talking about facebook still buying oculus for $2 billion and for all of the crazy deals this one, nobody saw coming. >> this is a shocker. kind of deal that is so far in left field, because it is company not just without revenue, it does not have a product. >> they deliver a product to developers but we as consumers can't buy it. the zuckerberg says it is platform of tomorrow. a lot of people think facebook missed mobile and they do not want to miss virtual reality is that is next. one person who is happy joins us now, santo p

king that you are gay. ( cheers and applause ).gain, that's steve king, 2010... office building, washington, d.c., 20515. be sure to label your envelope "campaign contribution." so you know that he'll read it. we'll be right back. ( cheers and applause ) ♪ [ male announcer ] cats will do anything for the irresistible taste of temptations treats. what are you doing? oh, here, check this out. ♪ [ meows ] temptations. cats can't resist. there's a new leader in network speed. [ meows ] t-mobile. good, or what? sonic totally scored with this flavor, man. yeah. it's like swiss! no, it's "swish." no. the sound a basketball makes going through a net? yeah. "swish" is the sound. swiss! "swish" is the sound of the ball going through the net. it's "swiss." "swish"! uh, ok. why don't we settle this over a game of horsh. yeah. try "horse." ok. [ hoarsely ] why don't we settle this over a game of horsh. [ male announcer ] did you hear the news? honey mustard & swiss chicken sandwiches are here. and start your day with a 99¢ morning drink stop. [

what king needs to do.ween broadcasters and internet television upstart reaches a fever pitch as the company prepares to go before the supreme court. stay "in the loop." ♪ >> we are talking king digital and ahead of its public debut. with me is james, leslie, and cory johnson joining us from san francisco. cory, let's talk about valuations. about 2.7 times projected sales. you have been skeptical of the iconic, what is the proper valuation for king? referencing i was was zynga before their ipo, they had the appearance of profit and when it was -- when you had to really read through the documents. you do not see that with king digital. i think the long-term question is how do they take the success of this one game and capture those users, to have a continual process of development? >> is valued at half of what zynga is at. it seems like maybe that is a good valuation? >> it is kind of shocking with a company that has all those great things james is talking about. it has a cash, a history of .rofitability and