albert marissa mayer? -- how about marissa mayer? it seems she walked off with a bunch of change.esllion down from in stocks and equities. it looks to be the out you will get. .ou have to remember she is not taking a bonus. holding back, because this act was really bad. happened on my watch. i will take some off the table. corey: to me about the future. what is left of yahoo!? the japanese unit and alibaba, that will be held by mckinney. a board member. helm, all be taking the really good name. huge asian assets. state senator alibaba, japan, very valuable multibillion-dollar states. the other major holdings. that is what he will be in charge of. as far as the day today, the website, all this stuff, that is all going to verizon. verizon's becomes. always grace. about to get your perspective. former cia director michael hayden says wikileaks has proven again to be an enemy of the united states. more on his insight next. this is bloomberg. corey: elon musk and a living crisis in australia in 100 days. it is a contracts, south australia had a recent problem with blackouts. the prime

joining us to dig into this and what is next for marissa mayer is bryan womack.into this. it surprises me. he seemed to put it on the line, this deal, saying i might even kill it entirely. >> this is the highest levels of the company personally involved in the process going on for months. he comes in on february. there is a call. they said what about a cut and left it there. that is on the high levels of some people's expectations. $1 billion was on the high-end. caroline: do we understand how they managed to come back to whittle it down to $325 million? >> the language is broad. i would suggest this much, and then it kind of went from there. there was a meeting about 10 days later in new york city. it sounded like it was in the morning. they came together and said what about $350 million? yahoo! said that. from there, they came to an agreement. from there, things started to move quickly. within two weeks, we had the finalized deal after all these months of back and forth, after disclosures on the big hacks. caroline: i was surprised he seemed to be playing hardb

has made it proved costly marissa mayer. because of the breach, 500 million accounts, meyer will not get annual bonus or stock awards. yahoo! investigation found her management team reacted too slowly to the breach in 2014. yahoo!'s top lawyer resigned. the annual target bonuses 2 million a year and her annual southward is no less than 12 million each year. they lure the sale price to verizon by $350 million. the shares are up 15% in the past year. both snap stocks fly like facebook? certainly a lot of questions. >> a lot of concern and skepticism about whether snap can grow. with facebook, people understood it when they went public. investors got it because adults were on it. trying to woo a look inside that. how does that work? will it always be just her millennialist? you are watching "fbn:am" after a record close on wall street. your first look at morning markets and breaking news. ♪ when you have $4.95 online u.s. equity trades... lower than td ameritrade, schwab, and e-trade... you realize the smartest investing idea,

also in the programme — the fallout from yahoo's massive security breaches — marissa mayer is to takecant pay cut and the company's top lawyer has been removed. and the global market rally continued in asia earlier today — this is the scene right now in europe right after another record breaking night for the dow in the us. we'll talk you through all you need to know. we will be getting the inside track on how our cities might look in the future when we meet the head of the world's largest property fair. today we wa nt world's largest property fair. today we want to know, do you love snatch at, or do you have no idea what it is? -- at, or do you have no idea what it is? —— snapchat. welcome to the programme. the programme is jam—packed day, so we will make it as snappy as we can. we start on wall street where investors are gearing up for what could be the biggest — and certainly the most hyped — technology flotation since twitter in back 2013 — or even facebook the year before. in a few hours‘ time shares in snap — the owner of photo messaging app snapchat — will begin trading on the

but marissa mayer said she would forego hers.re comes out, it raises questions about marissa mayer's legacy and perhaps maybe a little vindication. i don't know. we'll have to ask some people around us, but as you were talking about with jason before the break, it's not just if this was, in fact, a state-sponsored actor, it could be the same state-sponsored actor that hacked the democratic party. that would certainly be interesting. so, we'll get more from this presser coming up. >> indeed. we're going to be having a very busy afternoon here, deirdre, butt not only are we watching this, we've got the president en route to detroit and later today nashville. we're going to be watching returns and exit polls perhaps out of the netherlands. and by the way, a fed meeting at 2:00. >> yes, a big fed meeting where they're expected to raise interest rates. and we'll wait for tones on that. with this one, i think deirdre brings up an interesting point about the reputation and legacy of marissa mayer. why yahoo? were they more vulnerable th

marissa mayer is about to lose her job as ceo. she has a big consolation prize. >>> and tens of millions ready to dig out. the latest on the northeast forecast next. >>> the northeast is battening down ahead of the major snowstorm about to hit. a foot of snow forecast from philadelphia up to new york city. you are looking outside columbus circle. two feet in parts of massachusetts. we learned federal agencies in the washington, d.c. area are opening three hours late. high winds also expected. gusts up to 50 miles per hour leading to whiteout conditions. schools closed in philadelphia and boston. the airlines canceled thousands of flights along the eastern seaboard. we are up to 5,300 according to flightaware.com. the full forecast is just a few minutes away. >>> subpoenas may be required to gets information about president trump's wiretapping allegations. that is according to the committee as the committee asked for more time to turnover evidence. the deadline is set for monday. the first day of public hearings over the russian me

ronald bell resigned as general counsel, and marissa mayer offered to forgo her award and bonus giventy breach occurred during her tenure. bloomberg news received a statement from marissa mayer saying, "i am the ceo of the company and since this incident happened during my tenure, i have agreed to forgo my annual bonus an annual equity grant and expressed my desire that my bonus be distributed to a company's hard-working employees who contributed so much to yahoo! success in 2016." coming up, a conversation about facebook tv. a reminder that all episodes of bloomberg technology are live streaming on twitter. check us out at @bloombergtechtv, 5:00 in new york, 2:00 p.m. in san francisco. this is bloomberg. ♪ caroline: an update from amazon after a massive internet outage in the u.s. earlier this week. amazon said human error at its cloud business forced those outages that lasted for hours. amazon says an employee accidentally switched off more service than intended causing errors that cascaded through their service. this service is used to house data and manage out and software downloa

punishing marissa mayer for those massive security breaches. you're watching "worldwide exchange."afety doesn't come in a box. it's not a banner that goes on a wall. it's not something you do now and then. or when it's convenient. it's using state-of-the-art simulators to better prepare for any situation. it's giving offshore teams onshore support. and it's empowering anyone to stop aob if something doesn't seem right. at bp, safety is never being satisfied. and always working to be better. >>> yahoo! ceo marissa mayer will forgo any stock bonus she might get this year because of the massive data breach the company suffered in 2014. the board is also withholding her 2016 annual bonus of $2 million for the same reason. her stock award is not to be less than $12 million per year. the breach affected data belonging to at least 500 million users. yahoo!'s general counsel is also resigning. yahoo slipping about a half percent this morning. >>> shares of juno therapeutics falling due to news that the clinical trial of their cancer drug led to some deaths. >>> and roche reports positive r

marissa mayer is about to lose her job. she has a buyout. $23 million severance package. verizon. the key assets sold to verizon. the sale thought to be in jeopardy after two yahoo! security breaches. verizon agreed to move forward with the deal. >>> intel entered the battle over tech for driverless cars. the company agreed to buy an israeli firm mobile eye for $15 billion. mobile eye makes software for gm and nissan and others. this puts them in competition with tesla for driverless tech. the stations could not be higher. that market will be worth $96 billion by 2025. >> taking people like you and me off the road. >> that is a good thing. stay home. stay inside. new york, connecticut, philly, boston, stay in. >> thanks for joining us. i'm christine romans. >> i'm dave briggs. "new day" starts now. >>> all right. we want to welcome our viewers in the united states and around the world. this is "new day." it's tuesday, march 14th, 6:00 in the morning here in new york. alisyn is off. poppy harlow, braving the blizzard to be here with me. >> i'm from minnesota. >> this is no

ceo marissa mayer could receive $23 million in severance pay if let go. the golden parachute -- the former titan of the internet is in the midst of being acquired by aol for a fraction of its former value after massive security breaches which occurred under mayor's leadership. is planningompany's to introduce luxury at cvs -- luxury suvs for chinese customers. the company hopes to be building using anal model, existing factor it operates in partnership with a chinese firm. lincoln's are currently imported into china where the brand nearly soared. no happy endings for china's richest man. after offering to buy the entertainment firm, which produces award shows like the golden globes and the american music awards, chinese billionaire has been rejected. afteral was killed failing to honor its current -- failing to honor its contractual obligations. it doesn't take long for tourists to discover just below their view of the iconic architecture is often a scattering of street trash. the government is now trying to boost tourism with new policies that will encou

c-e-o marissa mayer is leaving yahoo after its media assets are sold to verizon. according to a filing with the securities and exchange commission, mayer will get a severance package worth 23 million dollars. that includes cash, equity and benefits. mayer will also get stock options and restricted units valued at almost 77-million dollars. yahoo says it expects the verizon deal to close in the next few months. (grant) golden state warriors star, andre iguodala, coming under fire tonight for a comment he made in a recent press conference. what he said - that is now costing him a couple thousands dollars. your 7 day forecast coming up nobody told me to expect it. intercourse that's painful due to menopausal changes. it's not likely to go away on its own. it took my most honest friend to help me do something about it. she told me premarin vaginal cream can help. it provides estrogens to help rebuild vaginal tissue and make intercourse more comfortable. premarin vaginal cream treats vaginal changes due to menopause and moderate-to-severe painful intercourse caused by

yahoo's top lawyer resigned and ceo marissa mayer lost some compensation. she will be stepping down soon. >>> this afternoon we are learning more about an east bay elementary school with a possible norovirus outbreak. as kpix 5's anne makovec reports, dozens of kids are sick at home. >> reporter: all classrooms of dublin elementary school are getting a thorough cleaning today after what appears to be a norovirus outbreak that dozens of kids got sick from. >> i came out of the house and then blah! >> that's terrible. >> reporter: typical stomach bug symptoms and it spread quickly. >> my wife has it at home. >> reporter: students in the fifth grade classroom started getting sick on friday, so the district sent home notices telling parents to keep their kids home after they have nausea or diarrhea. >> they have been communicating pretty much daily on the progress and what they are doing to clean things. >> reporter: including doubling their custodial staff. 70 students called out on monday twice the number of normal, yesterday it was 47. so far only has been d

. >>> marissa mayer replaced.reveal==new prlems for safrang and in >>> new problems for san francisco's millennium tower. we told you it was sinking and tilting. now there are questions the earthquake resiliency. we'll have a full investigation tonight. and we're posting starting foltz of coral reefs all over the world dying. forced a lengthy andoff in sfra. 'mantha helsom' ibe >>> we are seeing for the first time woman who force ad lengthy stand-off in san francisco. she is behind bars charged with criminal threat for brandishing a firearm. we saw it right here on nbc bay area on friday. police put an entire block on lockdown. a worker knocked on the door. she answered the door and then pulled out a gun. the exterminator ran away. the s.w.a.t. team was called in. she eventually gave herself up to police. >>> the ceo . >>> she is set to turn over her role to thomas mcinerney. mayer is set to receive a $23 million sench package. ucla got something it has never gotten before. a woman it's chancellor. she currently s

chief executive to marissa mayer is expected to be out of a job when the company is bought by verizon set to take, record $23 million in severance pay. she will continue his head officer until the two companies sealed the deal. thomas mcinerney will take over as for director. the show that made the world of advertising seem cool, madmen has hit real-time success. it will be launched by the company itself. use the artwork as billboards in new york city as well as some publications and across social media. you can see why you ask their. as slightly seen controversial book as it did not show the iconic heinz ketchup bottle. the fictional heinz executive said it only looked like happen at, although the real-life heinz people 50 years later seem to be more enthusiastic. it's something of a pr stopped, i would say, but not a bad day for don draper. laura: thank you very much there with the business. taking a short break. stay with us, much more still to come. ♪ qwueeewep@1@1pxxxxxx 03/14/17 03/14/17 [captioning made possible by democracy now!] amy: from pacifica, this is democracy now

late 2014 has proved costly for ceo marissa mayer the details now. >> yahoo! reach more than 500 million accounts mayer won't get button ugs or stock unaware yahoo! investigation found team reacted to slowly to breach in 2014, also, yahoo! top lawyer ronald, resigned target bonus 2 million dollars a year her annual stock award is supposed to be no less than 12 million dollars a year, security forced yahoo! to he lower sales price to verizon by 350 million dollars. >> hoa shores up 15% past year. shares of abercrombie & fitch lower in the premarket after company reported fourth quarter results posted a profit of 71 cents a share, missing the estimate for 75 cents, revenue fell to 1.4 billion dollars from 1.11 plan year yearly same-store sales fell 5%, and big story four months after it closed trump taj mahal casino atlantic city being sold carl icahn selling to hard rock international two new jersey investors closed during a strike, icahn said they lost 300 million dollars in january owning taj mahal five casinos closed last three years fingers crossed for those

ceo marissa mayer is looking at a pretty penny from a deal with verizon. she is set to take him $23 million in a severance package after her company was bought by the telecommunications giant. head officerrve as until the company's seal the deal. after which, the yahoo! board of director will take over. usyou are going to tell about a piece of smart outerwear that is actually quite amash as well. >> it is the newest project from google and levi's. they unveiled their wearable tight denim jacket at the sxsw conference this week. worns conductive fibers into the fabric which tracks your motion, acting like a touchscreen. the jacket is marketed to urban bikers so they know like her had to stare at a screen while looking up directions or changing music. it just takes a swipe on your arm to activate it. the jacket is set to go on sale for $350 later this year. lot saferly looks a than those cyclists holding their phones in paris. let's take a look now at our press review. taking a look at the papers today. let's start with a surprise announcement out of scotlan

takeover by verizon closes but marissa mayer will be leaving with a stock package and stock options worth189 million. >>> the hill says trump wants the media decide how he would get his salary this year. press secretary sean spicer says that he would avert scrutiny by reporters by doing that. "the washington post" reported during the campaign that mr. trump often exaggerated his charitable contributions. >>> and the commercial appeal visits a memphis funeral home that offers drive-through viewing. mourners can see the body through a bulletproof window. the funeral home opened two months ago in what was a bank. all kinds of wrong there, i think. >>> still ahead, an idea that just might stick. a new ad for the iphone 7 features colorful sticker fights. done! you gotta shake it! i shake it! glad i had a v8. the original way to fuel your day. tomorrow's the day besides video games. every day is a gift. especially for people with heart failure. but today there's entresto... a breakthrough medicine that can help make more tomorrows possible. tomorrow, i want to see teddy bait his first hook. in

s ceo, marissa mayer, tweeted very grateful to the fbi and doj for bringing to justice the russian officials and hackers who led the attack on yahoo!. >> mayer was recently rebuked by their board for her role in the hack attack. her compensation package was slar slashed by $12 million. she is resigning after the merger with verizon is complete. yahoo! suffered an even larger hack attack in 2013. however, the company says it's learned very little about that attack. the department of justice did not say anything today about the russian involvement in this incident. >>> today's announcement has the tech community buzzing. janine della vega spoke with spoke with analysts and security experts about the implications. she joins us live from san jose. you say the buzz word today was trust? >> reporter: yeah, as consumers we put our trust in companies that protect our information. what happened in the yahoo! case has prompted a shift in the way that companies look at cyber security. math geniuses and hackers work side by side inside vectra networks. the ceo is hypervigilant into making sure what happ

also, marissa mayer let go of her bonus.loomberg received a statement from mayer saying, "i have agreed to for go my annual bonus and annual equity grants this year, and i wish the bonus to be redistributed to our company's hard-working employees." wow. coming up, twitter continues to fight off abusive tweets. the company is turning to algorithms. ♪ caroline: the fight continues for twitter as the social network takes additional steps to cut abusive tweets. they're turning to algorithms to fight abusive behavior. record 3after a million tweets were sent out last night regarding president trump's address to congress. joining us, cory johnson, and still with us, david kirkpatrick, tech economy ceo. corey, to you first. basically no eggheads anymore is the idea. think the idea is there are people out there who send nasty things to people they don't know and, for whatever lack of bravery they exhibit in real life, they are quite brave online, said that horrible things to people, and it is a function of anyone who is on twitter.

marissa mayer took a pay cut. executives from divisions within yahoo!responsible for this left the building. there is some culpability here. there is some responsibility, enough for them to renegotiate the price with verizon. verizon wanted to cut $1 billion off the deal. they got about half of what they asked for. there was some admission on the part of yahoo! they were in some ways responsible. caroline: david, i am sure you are bursting with questions. david: are we at the beginning of a rash of these kinds of things? should every big tech company expect they will be subject to this sort of intrusion? is it is bizarre combination of criminal and government russian assault? >> every company should be on alert, especially companies that have lots of customer accounts. we have seen over the last several years several high-profile, target, banking systems, yahoo!, one after another. even with yahoo!, they used some of that data to go after other email providers. absolutely, if you are a big major corporation, especially if you have access to hundreds of

marissa mayer offered him $200 million plus bonuses. he will leave the company in june with a $24 million severance package. >>> a new way to fight diabetes is hitting the streets in vallejo. this mobile diabetes center features work centers and a kitchen. it will provide screenings for diabetes like the ones many people receive today and demonstrations on how to prepare food that's both healthy and delicious. 55% of californians are diabetic or prediabetic. >>> the topic in health care is the changes republicans want to make to obamacare. you're going to hear the top concerns next. >>> plus -- >> whatever they have to do, but they need to get it done. >> she's tired of watching car crashes like this one outside her front door. find out just how many have happened and what the south bay woman wants to see done about it. >>> a natural disaster destroys plans for a big it's beautiful. was it a hard place to get to? (laughs) it wasn't too bad. with the chase mobile app, jimmy chin can master depositing his hard earned checks in a snap. eas

. >>> yahoo ceo marissa mayer is giving the annual bonus to the company's employees. she's doing it in light of the two massive data breaches that happened under her watch. the biggest happened in 2014 but was only recently revealed. yahoo investigation found that myer and other managers reacted too slowly to the crisis. yahoo's top lawyer resigned as a result of the investigation. the breaches lowered the value of yahoo by $350 million. verizon recently agreed to buy the company for about $4.5 billion. >>> the company behind the app snapchat said the ipo price today at $17 per share, higher than expectations. snap plans to start trading tomorrow on the new york stock exchange. the los angeles company's main feature is snapchat, a messages app where the text and images disappear after a short time. snap also built special camera glasses called spectacles that can take pictures. [ cheers ] >>> a major moment for the dow. it closed above 21,000 for the first time today. analysts credit the 300-point jump in part to president trump's promise to invest $1 trillion into th

marissa mayer offered him $200 million plus bonuses. he will leave the company in june with a $24 million severance package. >>> a new way to fight diabetes is hitting the streets in vallejo. this mobile diabetes center features work centers and a kitchen. it will provide screenings for diabetes like the ones many people receive today and demonstrations on how to prepare food that's both healthy and delicious. 55% of californians are diabetic or prediabetic. >>> the topic in health care is the changes republicans want to make to obamacare. you're going to hear the top concerns next. >>> plus -- >> whatever they have to do, but they need to get it done. >> she's tired of watching car crashes like this one outside her front door. find out just how many have happened and what the south bay woman wants to see done about it. >>> a natural disaster destroys plans for intercourse that's painful due to menopausal changes. it. it's not likely to go away on its own. it took my most honest friend to help me do something about it. she told me prema

. >>> yahoo ceo marissa mayer is giving the annual bonus to the company's employees. she's doing it in light of the two massive data breaches that happened under her watch. the biggest happened in 2014 but was only recently revealed. yahoo investigation found that myer and other managers reacted too slowly to the crisis. yahoo's top lawyer resigned as a result of the investigation. the breaches lowered the value of yah $350 million. verizon recently agreed to buy the company for about $4.5 billion. >>> the company behind the app snapchat said the ipo price today at $17 per share, higher than expectations. snap plans to start trading tomorrow on the new york stock exchange. the los angeles company's main feature is snapchat, a messages app where the text and images disappear after a short time. snap also built special camera glasses called spectacles that can take pictures. [ cheers ] >>> a major moment for the dow. it closed above 21,000 for the first time today. analysts credit the 300-point jump in part to president trump's promise to invest $1 trillion into the cou

marissa mayer, will instead go to yahoo! employees.s because of the data breach that happened back in 2014, which was only recently revealed. since it happened while she was in charge, she agreed to forego her annual bonus and annual equity grant. >>> this afternoon snap, the company behind snapchat priced its highly anticipated initial public offering at $17 a share. that's above expectations and values the company at $24 billion. snap's public trading on the new york stock exchange is set to begin tomorrow. >>> a huge sigh of relief from the golden state warriors. kevin durant is hurt but should be back, if all goes well, in time for the postseason. the all-star forward will miss at least the next four weeks with a sprained medial collateral ligament in his left knee. also has a bone bruise which he suffered in last night's loss at washington. k.d. will be re-evaluated in four weeks. durant's teammates trying to remain optimistic. draymond green tweeting i'm hurt to see my guy k.d. trey 5 go down, that's durant, but it's always stren

. >> marissa mayer cited several data breaches that happened on her watch as her season for not taking the money. she stood to collect backside 14 million from those awards. the breach affected data on belonging to more than 500 million users. mayer released a statement saying, quote, my desire that my bonus be redisrupttributed to o country's hard working employees. >>> a the charges against these seven officers stem from a racketeering charge against the officers which includes lying about overtime to robbing a person during a traffic stop. one of the officers is face ago separate drug distribution charge. >>> 6:42 right now. storm aftermath and tree debris. that's not the only thing you have to watch out for in the forecast. >> u.s. attorney general scandal, new fallout from a russian connection to the trump administration. >>> a search for human remains is underway in fairfax county. we are live with the tip that >>> i did not have communications with the russians. >> a possible bombshell, attorney general jeff sessions had conversations with the russians during the campaign. the f

finding today says his salary will be $2 million a year, twice what marissa mayer earned. she's leaving with an severance package around $23 million. >> wow, sunny days ahead for her. that's for sure. >> one way to look at it. >> nice segue. >> yes. >> sunshine, more of it heading our way as we head throughout tomorrow here in the bay area and we have some changes our way coming by the midweek forecast. let's take a look at that microclimate forecast. a beautiful shot here across the south bay. and san jose was mild today. check it out! right now, 75 degrees after upper 70s in downtown for your official high and we'll see numbers drop down to 51 by 11:00 p.m. as we move into the exact reason of why it was so warm to start off the week, it was high pressure keeping the storm track to the north. also importing some hotter air, but the way that this moved in, it helped to drive some offshore winds throughout the bay area. so no cooling ocean breeze. many parts of the coastline today did warm up into the low 70s. let's go ahead and bring you into tomorrow morning's forecast. i

. >>> the good times are not going so well in sunnyvale for yahoo's ceo marissa mayer.he board for yahoo has decided not to give mayer her 2016 cash bonus because of the massive data breaches which were revealed last year but occurred back in 2013 and 2014. that led to verizon getting a $350 million discount on its $4.8 billion takeover of yahoo. >>> the stock market is taking a breather in the early get no surprise after the blockbuster day we had yesterday. records across the board, the dow trading above 21,000 for the first day the biggest day for the market so far in 2017. let's check it now. the dow is down by 3 points. nasdaq is giving up 10 points. s&p is lower by 4 points. so far snap is not yet trading. and it should be trading pretty soon once it's released by the underwriters. >> thank you, jason brooks from kcbs radio. >>> time now for a look at what's coming up later on "cbs this morning." norah o'donnell joins us no from new york city. good morning. >> reporter: good morning, kenny. ahead, calls overnight for attorney general jeff sessions to resign becaus

. >>> marissa mayer's days are numbered as yahoo!'s ceo but she won't be leaving mempty-handed. mayer will receive a $23 million severance package after yahoo!'s sale to verizon is completed and she leaves the company most likely in june. in all mayer made more than $150 million in salary and stock since joining yahoo! in 2012. when the deal closes, what's left of the company will be renamed altaba and will be headed by 52-year-old tom mcinerney. he will receive $2 million in salary. >>> radio shack is offering huge discounts at all its stores right now as it prepares to close 187 stores nationwide. stores like this one on san francisco's market street has signs reading "everything must go." radio shack has filed for bankruptcy for the second time in two years. it closed 2400 stores in 2015. 11 more in the bay area will close for good tonight, including stores in oakland, leandro and martinez. customers are taking advantage of the closeout deals. >> i want it to get something for my stereo. it's pretty cool that they have all these discounts and stuff. i might check it out a lit

and the ceo marissa mayer, but what we see is that this was done in concert with unit called center 18 in russia. this is fbi's -- the fbi's point of contact in moscow for cybercrime and doj saying it's extremely egre lly egregious, e on that point. >> jo ling kent. malcolm has spent decades for a counterterrorism executive. he's the director of the terror asymmetric project. how significant is this? does it surprise you at all? and what should our viewers think about the fact that not only was yahoo! hacked but yahoo! was hacked by russian fsb officers? >> i think it's very significant. and what this does is this shows that the russian intelligence agencies, particularly this one that they referenced in the press conference, which is russia's version of nsa. the communications information security agency. and that organization is the one that directs and carries out all of the hackings in collusion with what we call criminal hackers. you know, criminal bearers. these are people who are subcontractors to russia's intelligence agencies and when there are certain things that they have ac

that is more than double what marissa mayer charge the yahoo! -- charged yahoo!l security. it is the only stock out there where you have no right over anything the company will do in terms of voting abilities. there are other weird things like the ceo was able to sell shares in the company last fall at about $30 a share, $31 a share. you don't like to see that kind of stuff. every ipo filing is interesting in its own way. >> thanks a lot. cory johnson, bloomberg news, editor at large. up next, he has been considered one of the most vocal analysts on wall street. we hear from mike mayo in his first tv experienced since departing from the company. ♪ >> he has been considered one of the most vocal analysts on wall street but this week, mike mayo is one of several u.s. based employees can't in the equity research unit. earlier, the self-described free agent analyst spoke with in hisrg's vonnie quinn first tv appearance since his dismissal. mike: i am proud to be the only analyst to testify before congress for sarbanes-oxley in 2002. if you play ball with corporate ma

marissa mayer will forgo any stock bonus she might have earned this year because of that massive dataach the company suffered back in 2014. the board withholding her 2016 annual bonus of $2 million for the same reason. under her contract, her stock award is not to be less than $12 million per year. the breach affected data belonging to 500 million users including our own becky quick. >> i think. i don't know. i've never been told. >> but you have an account there. >> yahoo!'s general council is resigning and will get no payout. >> so there are heads rolling. >> yeah. something's happening. except there's still 12 million. >> yes. >> her contract calls for that. >>> stocks to watch today. shares of juno therapeutics falling on news that the company will not be moving forward with a key cancer drug because of patient deaths. the drug was to treat a rare form of leukemia. >>> roche reporting success of a key cancer trial. that could help cushion it against its key selling cancer drug her-ciptin. >>> and broadcom forecasting higher revenue for this quarter. >>> carl icahn is telling the f

s ceo marissa mayer. hong kong securities regulator is said to be twostigating the number writer of ipo's last year. ccb international's work on the proposed 2014 the sting of a chinese seafood supplier, which has since been scrapped, have been now requested. the regulator wanted to know whether due diligence was done. betty: bhp billiton has called for new talks later tuesday in month-longto end the strike. the unions declined to me last week but they say face-to-face negotiations are the only way to resolve the issue. union leaders are reviewing the invitation which includes an offer. yvonne: the national people's conference wraps up on wednesday with a big headline that growth target is at 6.5%. not all doom and gloom. let us bring in blackrock's head of equity. she is in the studio. i would like to take away from the npc. they have reined in their growth targets. zero downside risks, some beijing officials have said, but contrasts they had outlined as well. guest: i think the real focus from the mpc s

yahoo . detailed a golden parachute of $23 million for chief executive marissa mayer as part of her plannedtions inc. ( mark ) should i put money in a hedge fund?leslie( rob )hedge funds are alternative investments using pooled funds that employ numerous different strategies to earn active return, for their investors.hedge funds may be aggressively managed it is important to note that hedge funds are generally only accessible to accredited investors as they require less sec regulations than other funds.billionaire hedge fund bill ackman admitted he was wrong and sold his shares in valeant pharma for nearly a $4 billion loss. i don't think 99% of americans need hedge funds. too costly and too risky. áááábreakáááá (robin) no major hot spots. bay bridge wb 80 is backing up into the maze ( darya ) happening now in the east bay... hazmat crews are working to clean a mercury contamination that shut down a street in antioch. several contaminated areas were found on manzanita way yesterday. this is the third time the potentially toxic chemical has been found in the area in recent months. contra cos

bullet -- marissa mayer's the same documents showing that the outgoing ceo will get a $23 million severance payout. markets look like this this morning. they are expected to be done about 20 points us money. they're also negative. we have the ft 100 higher. down a fraction. numbers look like this. the narc -- markets were very close to the flat line. nothing that was so stunning except the korea index. a billion-dollar issue a deal that is what lots of ball. join me to talk all about it the global economics editor. in the kings college professor. good to see you. thank you for getting in today. a snowy day. that's good. in your assessment of that report. >> yet to be careful putting too much -- weight on these things they overestimated how may people many people were going to get insurance. the puts him in an uncomfortable position. conservatives are already we now had moderates in the party. saying we can't lose all of this insurance. it is the cbo and the snowstorm. it is supposed to get worse this morning but we have the morning storm covered for you. jackie keane is with us. former heal

also in the programme — the fallout from yahoo's massive security breaches — marissa mayer is to take

s marissa mayer takes a pay cut over the response to the data breach.n layfield, are you still a fan? i know you always were, are you still? >> no, i thought maris sa mayer had the right strategy, but like a football coach against belichick. you have a great strategy, but sometimes the opposition is better and i think that's what she ran into. i still own a little bit of yahoo! but it's because of the alibaba stake. stuart: i know that nicole is on the floor of the exchange looking at snap, inc. got any news on timing of the first trade, please? nicole: well, right now, i just went to the post there, and there's obviously a crowd of people, they have to get that book ready, but what we are seeing and the overwhelming, obviously, the noise that we're hearing is that they're seeing a slew of bids. so, you're not going to see it most like under $17. at some time we're hearing 10:30, 11:00, so you've got to be patient on this one, but the idea and piece of news that's very interesting is that there's a demand and the bids are coming in. so, they want it. th