max levchin. back in a moment.stay with us. >> rose: the 88th academy awards will air sunday night on abc. chris rock will return as host for the second time, there are 12 nominations. for the second year in a row, the academy of pictures embroiled in controversy after 20 acting agencies went to white actors. dana stevens, movie critic for slate, david edelstein, chief film critic for the new york magazines, melena ryzik, culture reporter for the "new york times," and christopher john farley, senior editor at "the wall street journal." how does this size up this year? >> what's been nominated for best picture in a sense -- usually the films are diverse, you see a lot of different polls of experience, but there is only one film out of all the films nominate for best picture that actually has any romance. a lot of films are big tent pole films like "star wars: the force awakens" is not up for best picture. so i find it interesting hollywood has chosen to focus on these films and leave out a lot of others that might h

i think it winds up there. >> max levchin, great discussion. >> thank you. >>> spike lee is in the tornado green room. we'll take a closer look at the documentary.happy friday everyone. we've got clear skies... calm winds and fairly mild temps. temps dropping to the 50s around the valley and some 40s. a nice weekend for anything you have planned outdoors! .......... the air is also staying very dry and that will continue.... even with some high clouds moving in through the weekend - especially tomorrow. so keep yourself really hydrated. .......... high clouds pushing into the west coast... and will make it into our area by tonight and saturday. temps will increase a little more today - announcer: this portion of "cbs this morning" sponsored by nationwide is on your side >>> police say he studied how to >>> police say he studied how to pull off a perfect murder. "48 hours" shows us surprising evidence that was found on a gunman's computer that suggests he had been training for years. morning." >>> tomorrow night "48 hours" examines a bizarre killing in seattle. a man was sitting in traffic

the co-founder, max levchin joined that conversation. he served on yahoo!'s board until last year. he's ceo and founder of affirm. pleased to welcome max levchin back to studio 57. >> great to be here. >> let me ask you one simple question. how do you see this controversy other than the need for conversation and negotiation? what is at issue here for you? >> so it's a simple question and tough answer. but i fundamentally changed my views over the last several days listening to the debate going from help the fbi, terrorists, clear cut, black and white case all the way to my view today which i think is the right one. fundamentally supporting tim cook in what he's trying to do. drawing the line in the sand and it's a brand new set of problems. fbi or law enforcement asking a company to write code to surveil its customers is unprecedented. tim cook is trying to take it to the supreme court and have a clear set of laws created the books today. important. >> you heard the case that the fbi director james comey made. he made it again on capitol hill yesterday. he said the code the judge h

and apple with a conversation with max levchin, a much admired figure in silicon valley and one of thers of paypal. >> i ultimately hope that this propels its way to the supreme court very quickly and the supreme court actually tells apple you are compelled to open this phone. i personally want to see this case in front of the f.b.i. with every bit of evidence so they have access to whatever information they need to make sure my kids are safe. >> rose: we conclude with the oscars. we talk with dana stevens, david edelstein, melena ryzik and christopher john farley. >> usually the films are diverse, you see a lot of

joining me now is max levchin. he is currently the cofounder and ceo of a firm at

the cofounder paypal max levchin has joined that conversation and joined on yelp's board until last year and he is of a tech company. welcome. >> great to be here. >> let me ask you this one simple question. how do you see this controversy, other than the need for what is at issue here for you? >> so is this a blank question? a tough answer. but i fundamentally changed my views the last several days listening to the debate going from helping is terrorist clear-cut black and eye test to my view today which i think is the right one. fundamentally supporting tim cook in what he is trying to do. this is ultimately a question of drawing the line in the sand and it's a brand-new set of problems. fbi or law enforcement asking a company to write code to survey its customers is unprecedented and what tim cook is trying to do is bring it into the public debate all the way to congress, all the way to the supreme court. and have a clear set of laws created becausthere isn't anything on the books today. so i think that is profound lie important. >> you've heard the case that the fbi director said on

intersection of kind of interesting business models or business technology, big data, i will call max levchinsuper big, with risk as not a variable, elon. [laughter] reid: right? emily: what do they call you for? reid: laughs. no. [laughter] emily: i have heard you are quite funny. reid: occasionally. but i don't know. other people are funnier. a view of the valley. like, okay, i'm thinking about x, who are the right people to talk to about x? emily: you were instrumental in the sale of ebay for $1.5 million, 2002. looking back, was it the right decision? i mean, ebay, paypal have had an interesting year. some other members of the paypal mafia think they are better apart. reid: it was absolutely the right decision at the time. and we made it collaboratively. part of the reason was to really get to the right kind of level of mass of the payments transaction system, it required a much closer connection with ebay. now that it has gotten to a certain level, is it better inside or outside? and one could make good arguments both ways. the argument with is for example, actually, in fact, there is st