s marisa meyer and how they're shaking up the workplace.w warren buffett is joining this conversation. i want to bring in patty sellers. she's a senior editor at large with fortune. patty joins me now from omaha, the site of berkshire hathaway's annual meeting. nice to see you. you sat down with buffett and you asked him why women make him more optimistic about america's economy. listen. >> it just stands to reason that if the united states got to where it was from 1776 and made all the progress it did with more than half of that period women really being shut out of most activities, so you had all this brain power and energy, ability not totally going to waste, but certainly not reaching its potential. just think what you can do when you get the whole team out there. >> have you heard this from other male business leaders? >> well, i think we're hearing it, christine, from more and more male business leaders. more ceos. more directors who are looking for women to join their board. it's really -- you know, we started the fortune most powerf

s ceo marisa meyer inks a major deal to buy tumblr for more than $1 billion. from her maternity leave to her acquisition strategy "the daily beast" writes, marisa meyer's business decisions and personal life are scrutinized more than her male counterparts. we'll talk with star jones, she's the national spokesperson for the national association of professional women and we'll get her take on that and be sure to follow the tumblr page. we update it and go to our newsnation.com bler.com to see the updates. with the spark cash card from capital one... boris earns unlimited rewards for his small business. can i get the smith contract, please? thank you. that's three new paper shredders. [ boris ] put 'em on my spark card. [ garth ] boris' small business earns 2% cash back on every purchase every day. great businesses deserve unlimited rewards. read back the chicken's testimony, please. "buk, buk, bukka!" [ male announcer ] get the spark business card from capital one and earn unlimited rewards. choose 2% cash back or double miles on every purchase every day. told y

marisa meyers secret meetings. live at cnbc headquarters, seema mody. good morning. >> hey there. the dow closed at new highs on tuesday above 15,000 for the first time. the dow first closed above 13,000 in february 2012. it took about a year to hit 14,000, but just three months ago from 13,000 to 15,000. more than twice it's gain in 2012. in terms of how it ended yesterday, dow rising 87, nasdaq. yahoo! ceo maris meyer says it wants to extend the ten-year contract but microsoft isn't interested. yahoo! may also n be on the hunt for acquisition. meyer also met recently with executives from zulu. back to you. >> thank you very much. >>> christina loren has a look at our forecast. i saw a little bit of rain that you had predicted. >> little bit of rain. clouds are back. still getting that natural coolant. we can pocket that pg&e money. you may be turning that ac on by the end of the week. it's 4:45 now. live picture. just to show you a return of the low clouds so far this month. we haven't had a lot of fog in the city by the bay. we'll see plenty of low cloud cover this morning, fil

s marisa meyer both have taken center stage as they look to execute a new vision. >> brian will be taking the helm on may 16th. for "nightly business report," i'm jackie deangeles. >> when it comes to finding bargain stocks there's no one like warren buffett. the billionaire investor is the driving force behind the success of berkshire hathaway and its shares hit a new record high today at $164,000. berkshire's stock was just one of many topics that buffett talked about at his company's annual meeting this weekend where some 40,000 shareholders converged on omaha to hear from the oracle of omaha. >> this is warren buffett at 82, just a year after his cancer diagnosis. he still made the rounds at the berkshire hathaway meeting. >> that was like a perfect fit for me. >> with energy and enthusiasm. >> i'm not sure if i'm allowed to shake your hand or not. >> thank you. no charge. >> making time for fun with billionaire buddy bill gates. >> he's doing it slightly better than i am. >> warren, what's your favorite part of all this? >> i like it all. >> not only did buffett have the stamina for

marisa meyer promising the site will run independently.tails and another record-breaking week in prospect for the markets. fed chairman ben bernanke is talking wall street. to tape or not to taper? we'll debate it ahead. we will talk with one of the congressmen who has penned a letter to larry page expressing his very own privacy concerns. >> first, we'll kick it off with the news from yahoo! , the tech company buying social blogging service new york-based tumblr. >> david, as you mentioned off the bat, cnbc and yahoo has a business alliance to share and co-produce editorial content and there will be a debate literally for years whether this is a smart purchase by marisa meyer and let's run down three big things why hoo is getting for 1.1 million in cash. david karp and he's been an entrepreneurial web developer since middle school. he basically dropped out of high school and he was home schooled and taking japanese and advanced math at his own pace. to tumblr himself and it's part blog platform, part social network, part news feed. meyer

we heard facebook's cheryl sandberg and yahoo's marisa meyer weigh in on working moms but this comment riled people. paul tudor jones is a legend on wall street, a billionaire and philanthropist but this comment about working moms -- >> as soon as that baby's lips touch that girl's bosom, forget it. >> reporter: has many wondering if he's also a sexist. tudor jones is father of four and one of the richest men in the u.s. according to "forbes." the remarks after he was asked why no women were part of this panel of titan traders at the university of virginia. tudor jones says the lack of great women traders is because motherhood is a focus killer. he explained upheavals like babies and divorce can translate to losing money. >> every single investment idea is going to be overwhelmed by that emotive connection between that mother and that baby. >> reporter: the media response was an immediate, oh, no he didn't! cosmopolitan.com's headline read "lame hedge fund mogul says breastfeeding ruins perfectly decent businesswomen." >> i've had two children while i was a working woman. >> reporter:

s marisa meyer, talking about the company's billion dollar acquisition of crumb bler.ut yahoo!. >> getting to know the tumbler team has been something that's been really, really exciting, and i can't wait to see how this all goes. we promise this morning we are not going tooscrew this up. [laughter] are you stilsleeping? just wanted to checknd make sure that we were on schedule. the first technology of its kind... mom and dad, i have great news. is now providi answers families need. siemens. answers. ...amelia... neil and buzz: foteaching us that you can't crte the future... by clinging to the past. and wi that: yore history. instead of looking behind... delta is looking beyd. 80housand of us investing billions... in everything fr the best experiences below... to the finest comforts abo. we're not simply salutin history. we're making it. welwhere new york state is... investing one billion dollars to attract and grow business. where companies like geico are investing in technology & finance. welcome to the state where cutting taxes for business... isur bususiness. welco

if and when it goes public the valuation of that company will be is as important as anything marisa meyerse to do. >> totally true. when i talk to my friends at yahoo! , the culter change is work ppg. >> did you see pictures of marisa at the met ball, the costume gala at the metropolitan museum last night which had a punk theme and i don't think we can use the picture, multi-colored hair, streaks of blue. >> she got into it. >> she's young. she's still a young woman. >> maybe that's what you need. >> maybe that is what you need. so much for us. this part of the desk will get cut off. >> the latin american ebay up gigantically. i worked with david and the late mark haines and we would come in and we would come in and say why is it up eight? and i don't know, why is it up ten? and then it would turn out that some firm we never heard of recommended it. >> or there were rumors of a split. >> a split rumor. >> the split in sales force.com has -- not really, but, carl, it is a thing to behold when people who don't own any stock, there's been so much stocks bought back that when you come into buy

their bid for hulu is in the 600 to $800 million range and of course, we have marisa meyer on last week her after tumblr, is there an appetite for more? her response is we have to take a breath. that is not a denial and they have other things on the hot seat. she did understand indicate that we're done for them. it's not a lot for them 600 billion. 1.1 billion here. not that it's hulu and there are a number of bidders for disney. >> and comcast, as well. will a bidding war push it up to the $800 million price range and this goes fwak to when it lost out as karen swisher was relaying to google last minute for youtube. what would youtube be like today for yahoo both itself and for the company and do they look now at a issuing ushg lu as another play into that and if so, do the rivals try to bid out the price or elbow them out? >> stars, i don't know if you saw this friday night. berkshire taking a 5% stake in stars. we were thinking the shows that were on stars. "boss" with kelsey grammar, "spartac "spartacus." >> i remember that, yeah. >> starzz since it was spun off, it has been a takeo

. >> i think that -- is this marisa meyer? has she done anything wrong yet? i don't think so.t too good a deal and i don't think she'll find a way to make that deal better. >> icahn's herbalife stake. icahn, when is the guy going to quit? maybe here. >> you've still got some room to go. eog. this just took out its all-team high here. rbc says that -- that mark papa is underpromising. they have an oil revolution. they have found prudhoe bay in the eagleford and they have a new one in the delaware basin that no one is talking about. >> jim, we might have new mom and pops watching today because they're beginning to hear the market is setting record levels. usa today has a graphically, a thermometer like a united way board, that more gains are impossible and that it's bound to explode. >> let's take the case of bank of america. this wrecked a lot of portfoliois and think bank of america was the preferred way to play the group. it keeps getting better and i mentioned bank of america because that kind of strock destroyed it. washington, mutual, fannie mae, freddie mac and these dest

s biggest acquisition since marisa meyer took the reins. more than $1 billion for tumblr.even years ago. facebook paid about $1 billion for instagram so we hope it's money well spent. >> yahoo! has been on a buying freeze and this is her strategy to turn the company around. >> tumblr has 117 million users worldwide. could you say it's a good acquisition. >>> the billboard music awards were last night and the person who ended up cleaning house apparently taylor swift. she won eight awards including top artist and top billboard's 200 albums for "red." she says you are the longest, best relationship i've ever had, addressing the fans. knows how to put it out there. another notable moment of the night when singer miguel took to the stage,' tempted to jump over the crowd from the stage to the catwalk, he landed on that fan's head. he continues to keep singing, the fan got up, walked ay. >> she didn't look like she was in great shape and another woman stands in her place and miguel thinks she's the one he landed on, he puts his arm around her. we hope the girl he landed on is ok