followed microsoft for a long time, and they were saying this guy made a few wrong calls in the macro techtory. they are not sure if he is the best guy to have as an investor. but another analysts said he knows a lot about the sports industry in the media industry. he is the owner of the clippers, he is very plugged into that world. as twitter tries to become the company that is go to place for all live events, if you want to know what is going on with the game, with the major news event, that is their vision. he is the one who can help them with that. emily: he thinks ballmer might want a seat on the board. jack dorsey has said the board is about to change dramatically. we will see if steve ballmer ends up on there. thank you so much. now alibaba is boosting its best on online video. they are buying a youtube like service on -- in china. ownership will help jack ma deliver u.s. films and drama series to over a third of the chinese population. adding up to over $13 million worth of transactions. shares are down about 30 percent so far this year. coming up, my conversation with the sequoia

macro level. tom: david, i look at the tech world and i see you have the conference up in two weeks. eme of the conference? david: i am so glad you asked. tends to be very macro. our scene is really human eyes in society. re-humanizing society. waysed to refocus on the technology can reaffirm what is most human about people. the opening session is called human values in a tech knowledge eyes aged. marc benioff is going to be one of your speakers. david: salesforce is one of the internet's of things. one of the things he wants to talk about is how to serve customers in the new era. it will be so different as everything around us is measured in feeding data. tout us to ourselves and suppliers. he has a whole new way of thinking about his company. vonnie: how are they going to grow? david: they are trying to make it mean something. they have been using their system to build cash so they can do something different based on it generates. i don't completely understand it either. david kirkpatrick, we will suck facebook and twitter and apple again. bloomberglater on radio, we will talk to ro

. >> i like united technology. >> is that a statement on united tech itself or like josh is suggesting a bigger macroall on the state of the economy and the industrial economy? >> i think it's a bit of both. i think it's a stock that has a lot of self-help going on. there's portfolio reshuffling. the new ceo at the beginning of the year greg hayes is really driving a lot of change there. it's not been a great stock year to date, but they're now talking about buying back their stock rather than engaging in m & a and i think that will make a difference for utx. >> fellow value investor over there, jim. >> i'm in the same boat with you. value is an awfully broad brush stroke. if we cut out the basic materials and energy names which has just been a vaporization. let's talk about value where there is some element of growth to it. last six weeks, you've seen resurgence in value. my question to you, because i'm asking myself this, is it sustainable or is it just sort of the puff of wind and maybe it's in comparison to a growth sector that apropos of health care and some darlingings have had some hiccups but

tech heavy nasdaq should be seeing points higher of 20 points. let's check in on the rest of the globe. positive in asia. hiking interest rates. still a very accommodative macro world. like to see the global 3 00s. let's check in on european markets. we are zooming ahead today after the up and down session on friday because people are trying to make sense of what exactly the jobs number means for fed monetary policy going forward. this is minimal gains. when you look at the individual benchmarks today we're really -- i mean, this is conviction buys here. ftse 100 up 2%. we have the german dax in bear market territory. down 20% from the recent april highs coming back about 2% today. the cac 40, we're calling it up 3% almost and the ftse mib also advancing by 2%. there's some buoyancy in the markets today, isn't there? >> absolutely. that's why you're seeing bond prices moving lower today. hey, what did we see on friday? we saw a big drop in ten-year u.s. yields back below 2%. that's where we're still at 1.99%. we are at six-week lows on the back of the disappointing jobs report. there wasn't anything positive to look for in that report. also we saw ten-year ge