this has to do with a senior executive at microsoft. >> this is the biggest question around microsoft -- who will be the next ceo? bloomberg news has learned the board is prepared to make him the next chief executive. withhas been a long search the microsoft board of directors looking at inside and outside candidates. person thinking a lot about the future of enterprise and has plenty of smarts in terms of where the country needs to -- for the company needs to go. but another important part of the story is the possibility of bill gates stepping aside as the chairman of microsoft -- bear with me so i can explain what that would mean. the leadstanding is independent director who has been helping to lead the search for the next chief executive could step into the role of an executive chairman. a lot of people have looked into the possibilities of microsoft ceo and looked at big-name candidates outside. there could be a question of the tablehe bring to in terms of being able to run such a big company? the possibility of having john thompson as this executive may satisfy some who have conc

he's been an employee at microsoft for a long time. can he inject the change microsoft needs? >> if you look at what he has done, he's done a phenomenal job and brought a vision to the cloud part of the business that moves them on a trajectory to be relevant on the third platform and be relevant in a cloud- enabled world. there is no perfect candidate here and to john's point, that's why this search was so difficult. they were searching for a candidate who would be a well- rounded woman or man who could manage all aspects of the business. at the end of the day, they had to go where they felt the person would take microsoft in the future and that is to the cloud and third platform. that's what we are seeing here. it's an acknowledgment that microsoft is not going to be the company we have known them to be in the past. >> a little bit of a safe bet. i want to bring in our guest from seattle. i know you're close with some of the microsoft executives. what do you think of the choice of satya nadella? >> i think it's an excellent choice. i think i've shared that on your show before

microsoft since 1992. the board is also considering replacing bill gates as chairman, possibly with john thompson. he was the former ceo of symantec will stop this is according to people have been briefed on the process and how it has been going. bloomberg told vision did it catch up with him after the web conference in paris and ask him about the ceo search. >> the microsoft board is working on the process. ceo and i'mr is the actively engaged in running the enterprise group. >> [inaudible] >> i said everything i'm going to say about that topic. >> we have jon erlichman from l.a. -- he helped to break this story. will start with you. how close is the board to naming him and how did they come to this decision? far along intty this process and what a process it has been. this is something that began and we were notified last year in august that steve ulmer would be stepping down within 12 months. we thought there might be a decision by the end of the year and that didn't happen. have this allo resolved by e

i joined microsoft as an intern in 1987 when microsoft had market share in all areas.as notetitive spirit been lost. i think people also need an inspired leader that can reject that passion to improve people's lives. at the end of the day, there are only two companies that can change people's lives. they need a new vision, they need a new leader. if a leader is able to inject that type of spirit, they have a deep bench and people will start moving again. two amazing things, unlikely things, but they need to be asked, instead of being stuck in a cast, being stuck in the internal politics, or other things that really do not matter in the marketplace. the vision and spirit of the company and the values of the company need to be around innovation as om said. as well as passion for technology and customers. there are too many things that microsoft has let go of and they are costing the company a lot of money to catch up. smartphones, tablets. these devices, like wearables, should not be the way. , om malik, cory johnson, thank you for weighing in. we will continue to follow

microsoft, apple and microsoft are huge.not get the scale. >> microsoft throws off an enormous amount of cash. ultimately, most people in an office environment use office. >> over the last three months, he looked like tech had a chance to outperform the s&p. what do you think now? >> there are some big cap internet stocks in the going fast. the there are some software was and are not. there is an old tech and a new tech happening. you see that divide pretty clearly. >> that massive cash generation we were talking about, does that make technology or attractive? >> it may not. a lot of this is not a lot of progress. it depends. say it ist it and cheaper than the market and growing faster. i want some of that. then it is what stock to i put in? stocks lookividual right. in our next talk section about the market and the proview view. we come into this weekend with how doesng markets, the morgan stanley team synthesize that to u.s. investors? >> it is about what can cause volatility. we have had a lot of things happen, a lot of m

microsoft surprises investors with better than expected results. but is its bread and butter product, windows, going stale? >>> on the front lines, some of the world's biggest drugmakers want to change the way cancer is treated. and they're investing big money in promising new therapies. we have all that and more tonight on "nightly business report" for thursday, january 23rd. >>> good evening and welcome. stocks had one of their roughest days in months today. they fell sharply and broadly on some lackluster earnings reports. but the real catalyst today was china. data showed its manufacturing sector contracted this month. that plus concerns over credit conditions there sent shiverers of worryabout around the globe and especially into the emerging markets. one prominent emerging market's fund lost 2.5%. u.s. economic data out today was pretty good. first time jobless claims are roughly back to pre-recession levels. sales of existing homes rose 1% in december, enough to lift overall sales in 2013 to the highest level in seven years. but neither thos

microsoft. he have learned that the company is close to naming steve ballmer's replacement. .e is satya nadella on caesar's.eye if they're about to take a bet on the boardwalk. they made a bid for an atlantic city casino that went bankrupt less than a year ago after opening its doors. , there is ad demand priced and amico super bowl tickets with just 48 hours to go before kickoff. not quite a new york, but in new jersey. >> the search is over. after months of rumors, microsoft is said to have found a new leader. according to people briefed on the process, the board is naming satya nadella as the newest ceo. an employee since 1992, nadella he is the cloud chief. and even bigger shift to be taking inside microsoft. lots of changes are going on. -- bring inn cory cory. >> i think it is a big deal. have aft is a cited to microsoft person lead microsoft. is not aomebody who great corporate manager. >> heated boost revenue. >> his unit is a big deal for microsoft. it says a lot about the future of the

oins user microsoft coo j now. thanks, bob, joining us from phoenix. is this a personality thing or doesn't have to deal with the numbers just not looking good? thatere is a realization things are not that rosy in regards to their fundamental business. if you look at the display revenue being down 7%. 31% comes from microsoft supplying the search engine. most of the market value is in alibaba stock. $36 billion of the market value is from that stock. they are in a lot of trouble. they are really struggling. the issue is the four model. what is their contribution to technology today? they have not resurrected it. >> bob, is yahoo! is not clear to me what yahoo! is. it's more like a collection of things instead of any one. >> that's exactly right. the finance site, it's decent. sports is good. it's fine. there are many other alternatives and they are just not distinctive in today's world. that is why they are just floundering. >> how do you think this reflects on marissa mayer? making this decision very publicly, she has made partcting top talent a big o

microsoft says it sold were than 3 million xbox 1's.and microsoft may soon get some new business in china. the country has lifted its ban on selling foreign videogame consoles. to another story we are anlowing today, this was unforgettable photo for a lot of us in san francisco. road testers surrounding of us of google -- protesters surrounding a bus of google live ploy ease. google employees. companies like apple, google, facebook have buses that shuttle employees to and from san francisco. a pretty become controversial symbol of income inequality in san francisco and now the city has reached an agreement with the tech companies and with the shuttle companies. they have to pay to stop on the streets of san francisco. what do you think of this? should they have to pay? this thing hashed this issue has been going on of income disparity probably sense the 49er days when the madness of gold and silver were building these mansions amidst poverty. reporter inack as a the 1970s when jennifer -- when gentrification became a word. this has been

kevin turner, microsoft's coo, knows microsoft inside and out. but picking turner signals that the board is sticking with the status quo. that could upset activists who want real change. dan nuys says one to watch is ceo of pivotal. he's a tech veteran with a deep understanding of the cloud and next generation data centers. when talking to analysts who cover microsoft, there doesn't seem a lot of enthusiasm right now for any candidates. what analysts do agree on is this. the headwinds that microsoft faces as it adjusts to a post-p.c. world will be a big challenge for any ceo to overcome regardless of who ultimately gets the job. josh lipton, "nightly business report" silicon vail. >> now that allan mulally has made it clear he's staying on the a ford, this could be a start for a very good year for the automaker and its shareholders. >> reporter: allan mulally has been saying for months he's not leaving ford. >> well, i am honored to serve ford. we have no changes in my plan. >> reporter: now that he's made it official and says he is not going to

the former microsoft ceo. went wrong?think is this a personality thing, or do the numbers just not look good? >> i think there is a realization that things are not that rosy in regards to the business. if you look at the display revenue being down, 31% of their revenue comes from microsoft supplying the search engine. most of their value is in alibaba stock. a company that is frankly in a lot of trouble. they are really struggling. the issue is the core model. dated company, and they haven't resurrected it. >> is part of the question, it is not clear what yahoo! is? >> it is the collection of things rather than one mission. >> if you go to their finance site, it is eason. if you go to the sports site, it is fine. there are many alternatives. >> how do you think this reflects on marissa mayer? she has made attracting tough talent a big part of her focus. how does this reflect on marissa mayer? higher top-d to notch people, but we are waiting for them to put a business model on the table that creates real excitement for yah

he says microsoft is a really inspiring place to work. >> microsoft is an exciting place to be right. if you look broadly at what they and what we are doing in the cloud computing, it is an amazing spot to be in, both innovating and taking to market and having broad impact across society at large. innovating, showing an --a where sale doubled in and since 2011, he has managed to drive sales up 22%. if we finally get a name, it would be a relief for everyone. bill gates has not been ceo since 2000, but he has been chairman. now there is rumor that he may step down. really is the man who part of the institution, the very backbone of microsoft. is focused on philanthropy as well. he told us just this month when he had an interview with betty liu and michael bloomberg that he is focused on philanthropy. >> my full-time work will be the foundation for the rest of my life. i enjoy that and i get to do it in depth. i am not going to change that. i will help out part-time. >> this would be big news if he steps down as chairman. the person who might be taking over, it is john thompson. he is

we have somebody coming from microsoft.arly as the head of their research and he joins us now from redmond, washington. you are in charge of more than 1000 research labs around the world. what kind of thing are you focusing on? >> we are really covering a huge array of things. almost anything you could imagine in computing research and other parts of math, physics, computer science. now, really onht point for this segment, is artificial intelligence. we have been very focused. it is our largest investment area right now. >> one of the things you're working on is a virtual assistant. what could he or she do? isone way to think about it -- they try to answer questions and figure things out. one type of question is to figure out what questions? or ifid that person say you see a picture, what is in that picture or video? another kind of question that is challenging is to answer the why questions? why does this person want to see a certain person for an appointment? why did this person asked these questions? understand the inten

will bill gates ever return to microsoft as ceo? we have the answer and a conversation between dates and a conversation with bloomberg lp founder tackle bloomberg later. amazon has been disrupting everything from e-commerce, shipping, groceries, and tv could be next. they're looking at starting an online paid tv service, some sort of expansion of amazon prime instant video but with life programming. they're reaching out to media companies to secure contents. verizon acquired intel tv technologies and sony is also planning a web taste service and this comes as amazon obtained a new patent for anticipatory shipping, to ship packages before customers even clicked to buy. erlichman,et to jon our senior west coast correspondent nla. what are we talking about here you go what is amazon trying to do? -- what are we talking about here? >> there's a battle taking place for control of the living room. we know that apple, google, sony, countless others want to win the battle and we know that amazon has shown a huge willingness to get into the

tech giant microsoft, will it name a new ceo. steve ballmer is leaving and they still don't have a replacement. starbucks, how has it been hit particularly since the malls have been hit. brock and mortar are down a lot. a lot of starbucks are in the brick and mortars. we'll talk about the numbers when the company comes out. speaking of industry leaders. day two of the world economic forum in davos, switzerland. liz got to talk to fortune 500 titans. who are they, liz? liz: if davos is most international event gathering of world leaders, coming this hour we have two of the most international ceos. we have mukhtar kent, chairman and ceo of coca-cola and bob greifeld, ceo of nasdaq omx. they never stop traveling and try to make their business stronger. two davos leaders coming up. david: we'll look forward to that liz. on a day when the dow was down over a full percentage point. kim forest, fort pitt capital vice president, senior equity strategist who says volatility in the market, we, get used to it. after all it ain't such a bad

let's start off with microsoft. not when it's take a is not going to take the job, staying at ford. >> a number of internal candidates are on the short list. looking basically at the top with the head of cloud computing at the top. name because vestberg is a little younger, still in his 40's, driven and motivated. you need that to reinvigorate microsoft. they're trying to tackle this whole new era where we are not using our pc so much. we're looking at tablets, smartphones, not using the windows software so much. desperately trying to become modern. good view on that. yes continue to increase sales over ericsson, even though he had difficult competition from the chinese. also, he knows when to get out of areas that aren't performing so well. the joint ventures he had, a chip venture, the handset venture with sony, unwinding by the does, remaining operable -- profitable. maybe he can do the same for microsoft. >> across town, cross-country, let's talk about yahoo! people have different definitions of success, but mar

. -- 26 microsoft.>> there is a short list of 20 people, what do they do? this --arted added to adding to the stock last year. there are some things they can do. >> the fact that they have not been able to name a ceo yet -- >> i think they have to take their time and find the right person. report that they thought they might get this done by the end of last year. in the middle of the year, they said they would take their time and not get it done by the end of the year. >> who wants the job? steve ballmer is on one shoulder and bill gates is on the other, big big brothere -- times two, do you want that gig? >> who once -- who doesn't want me assets that microsoft has? it is the same reason you own the stock. it is a cash cow, has a lot of flexibility. commitments,ome but they can do a lot of things will want of assets. >> you could be a hero. >> or you could go down. >> speaking of assets, how many ceos did -- go through before they found somebody else question mark is not that easy. >> i don't want the

. >> microsoft find its head in the clouds. the tech giant prepares to make satya nadella ceo and bill gates could be out as chairman. broadbandgs in more customers with his free scores channel. good morning, everybody. you are watching "the pulse." we are live from bloomberg's headquarters. show, acoming up on the royal collection. we give you insider access to the es-ever cartier exhibition. >> touchdown for kate upton. why this year's super bowl ad could be the priciest ever. >> david cameron and francois hollande our meeting today at an air base near oxford. ryan is here with the latest. we know that they are having lunch in a pub, which is what we want to know about. should we talk about that? >> e.r.a. allowed to know they are having lunch in a pub, we aren't not allowed to know which pub. historylk through the of this cooperation. these are two countries that post-house agreement, said they will operate on military affairs. >> that original agreement was inked back in 2010 between sarkozy and cameron. hollande arrived la

google and old the whole the microsoft of microsoft oh yeah no doubt if they're all so they all run their accounting fraud through amsterdam and then run the accounting fraud through amsterdam you know through the intellectual property accounting fraud whether bato over you too or the other intellects there are about foundations the dutch sandwich runs through amsterdam yes yes the irish sandwich that runs through amsterdam but it's some kind of sandwich you know it's a threesome it's not wholly threesome of sometime it's something very naughty alright so we've got about three minutes left i want to return to the computer chaos club which every year they have this get together you have been growing up i think glenn greenwald actually did a keynote series this year i know the folks behind the c.c.c. pretty well and how important is c c c going forward but i guess the more question is what other tidbits of interesting came out of the conference i missed it this year what a couple a couple of highlights. i was most of that most of the really interesting talks and in my opinion really about d

back to microsoft full-time?r] ♪ >> the four he was a philanthropist, ill gates founded one of the most successful companies ever, microsoft where he remains chairman. how involved are you on a day-to-day basis with microsoft? >> i am on the board. the board is doing some important work right now. the foundation is the biggest part of my time but then i put part-time work in to help as a board member. >> are you involved at all or how involved are you with the search for the new chief executive? >> the board is working on that. nothing new to say. >> we had the fortune of having the mayor comeback to this company and we are happy to have him back at bloomberg. bill, has that ever hit your vision in the future of going back to microsoft full-time? >> my full-time work will be the foundation for the rest of my life. doing that.i are i get to do it in depth. i am not going to change that. i will help out part-time. >> mike, tell me how you think. in the 12 years you have been in public office, technology, the indust

will bill gates return to site -- return to microsoft full- time?this is the early edition of "bloomberg west" and i'm emily chang. we had a fascinating discussion right here on bloomberg television between bill gates, founder and chair of microsoft, and mike bloomberg, the founder of this company, bloomberg lp, and the former mayor of new york. a big question, of course, what is the future of microsoft? who will be the ceo? and how involved is bill gates still in the day to day activities at microsoft? >> well, i'm on the board, and doing some important work right now. the foundation is the biggest part of my time but then i put art-time work in and help as board member. >> are you involved at all -- or how involved are you with the chief executive? it is a good board. >> does the board feel a sense of urgency on this front? >> you want to pick the pests -- best person. they will move at the right pace. >> we have the fortune of having the mayor comeback to this company. this company,o and we are very happy to have him. in your ever been vision, ev

he could become the third ceo at microsoft has ever had. this is a company with more than a 40 year history. only ever been led by bill gates and steve ballmer. after five long months, we have whittled our way down from more than a hundred candidates. gone is tony bates, he is not going to be ceo. neither is chief operating officer kevin turner. it could be a man who has been at microsoft for more than 20 years. in 1992.ella joined he is at the forefront of the development for microsoft at the moment. >> benefits in that business ,elped drive the revenues didn't they? >> it doubled in the last quarter. these cloud offerings are growing. since he took over the server unit, he has grown revenues there a 20%. overall, this company is still managing to be a winner in the technology space even though it is such an old and huge company. he told me in december how excited he finds it a place to work. >> microsoft is an exciting place to be at right now. if you look at what we are doing ,ith our devices and services it is an amazing spot to be in.

that overhaul at microsoft is starting to read dividends.seeing one of the biggest transitions in a decade. after stevearch ballmer said he will leave in august. >> any idea? >> this is the big question. we have the main cravers -- players. such an ella -- satya nadella. vesper --op and hans vesberg.op and hans the cloud business is on the rise. i wonder whether that pushes things -- he said he would say at microsoft the matter what. we have no clarity on who will be taking over. microsoft does seem to be more.ed more. -- reaping isevenue increase for 14% not bad for a company that is a giant in this industry. much.n, thank you very theloomberg got in on google party in davos. looks like no one at this party is opting for the early-morning panel. that's why no one turned up today. to watch people -- it is mean to watch people dancing without a drink in your hand, the morning-after. we will take a short break. coming up, the: brothers and brothersin -- the coen and press again with a new movie. ♪ >> welcome back to countdown. i might barton -

pro,microsoft surface lenovo has one that is $700 and microsoft is $900. cs are the same.s,ies like dell, hp, no one is talking about them and they are overpriced. that is a good predictor for at least the next six months of the year. over to you. >> watching films in the shower, he is either taking very long showers are watching very short films. still to come, dennis robbins latest trip to north korea is sparking plenty of negative feedback. it proves that not all publicity is good publicity. ♪ >> let's get straight to jonathan ferro at the touch screen. >> let's look at these equity markets for you. nothing really to set the world on fire. here in london, down .25%. central-bank meetings tomorrow at the ecb, the bank of england, and federal reserve minutes later tonight. if you are into your stocks, here are a couple of companies for you. sainsbury's delivered, the 36th straight quarter of results. the chief financial officer spoiled the party just a little bit and said, hold your horses, a difficult year ahead. tesco reports tomorrow. that is one to watch as well. i wi

one of the top contenders on the list to lead microsoft, former nokia ceo, and reporting microsoft will not make a decision next month at the earliest. lori: more trouble for big banks as another probe comes knocking, the sec and special investigator general for t.a.r.p. probing whether several banks miss christ mortgage bonds in the year after the 2008 financial crisis. this is under pressure, and elizabeth macdonald as the bottom line. liz: barkley's, citigroup, jpmorgan chase, royal bank of scotland all under the gun here for possible new probe brought by the sec, what we are seeing here is these are alleged problems with bond mortgage pricing, and it looks like it is coming after the investigation and prosecution of jefferies, the guy who -- being accused of miss pricing securities fraud, also being charged with one t.a.r.p. fraud, and mortgage-backed securities under t.a.r.p.. what is interesting here about this, talking to bank executives who talked of fox business, for the 2009-2011 period we are talking at a time when the mortgage bond market was largely ice conover and remember

so microsoft a focus there.r starbucks, analysts are forecasting 69 cents per share on revenues of $4.3 billion in its first quarter. sales growth at its brick and mortar stores will be a major focus of the report in the wake of growing online shopping trends. intuitive surgical is expected to earn $3.83 on sales of $558 million in its fourth quarter. the company said its sales would come in around $576 million. that's a 5% decline from the same time last year. finally, juniper networks expected to have revenues of about $2.22 billion. that stock is up some 35% over the past three months. so some possible movers in today's after market. back to you. >> all right. thank you. we'll have those numbers coming up in a little bit. meantime, we're coming back a little bit. dow was down 233 points. we don't want to get too excited about it, but it is an important day. we're trying to sense what the message of this market is with this movement today. >> likely the worst day for the dow since last august. after the bell,

microsoft looking for a new ceo. steve ballmer came in at a time when he was really handcuffed by the rulings of the justice department because microsoft had grown by using the power of their operating system to force people are strongly compelled people to buy their other products. >> the browser. >> that led to the antitrust problems. what you saw for microsoft is the inability to get away from that. that was the central thing that happened during steve ballmer's tenure. now when they look for a ceo, that still looms as what is forcing the company to behave in the way it does. >> let's talk about what's going on over at facebook. we got the details from yahoo! and we are talking two completely different operations. >> facebook is crushing it with the numbers they came out with today. >> nearly $2.6 billion in 90 days. >> 91. one year ago, the same 91 days they got $1.6 billion. >> billion. >> and they don't make the thing. >> their business was going through a huge transition. there were going from desktop to mobil

one widely held company in your sights, microsoft. shares down 6% since december. so many analysts and stock watchers are focused on the search for a new ceo, we're going to forget about that today. instead, our focus is on another big issue. windows. jim cramer is back today. he joined us yesterday, illuminatingly with seven ceos. he's got seven more from his list of bankable ceos. it's a list of 21. >>> you wouldn't bet on a football team without knowing the coach. don't pick a stock without knowing the ceo. >> "mad money" man believes these are so strong and capable, it's worth investing in their stocks. on that primarily. first to sue at the nyse. sue? >> ty, you mentioned, dow, big loser of the day. off the lows of the trading session. when i came down off about 200 points. now down 184. 16,188.84. look at the ten year. we've seen yields move lower as money goes into the ten year note. 2.78%. haven't seen that in quite a while. also the talk about china this morning. not only the pmi, but other issues as well which we'll talk about the shanghai index down toda

angie: topic number 2--microsoft sold out of its surface tablets in 2013! one of you said microsoft was "dead money"- then the stock rallied. so what's the pick for 2014? is it apple or microsoft? alan: 25%...go ahead. jared: i gotta defend myself a little bit. it's not about what the company does. it's about what people believe. microsoft still hasn't gotten themselves completely together. they're shifting ceo's. there's a lot going on. if i were to pick one or the other, believe it or not, from a stock perspective i would pick microsoft because they are in the midst of change. apple is still trying to figure out its next path. alan: microsoft went from 24 to 34. the target is 44. still more uspide in that stock. they make 2 billion a year from royalties. have you heard about windows? angie: topic number 3---loose change. the tsa has picked up almost a half million dollars in just loose money around airports. so what do you think about the dollar? alan: i think the dollar is gonna go back to its natural course which is lower. everybody thinks we want a str

one a special "titans at the table," we chat with microsoft chairman bill gates. he is the world's richest person and with that great wealth comes great responsibility. he wants to destroy the myth that poverty and disease can't be eradicated. >> joining gates, a friend and fellow philanthropist, the bloomberg lp founder and former new york city mayor, michael bloomberg. >> there are fewer people starving, fewer people sleeping without a roof over their head. things are better. >> in the bill and linda gates foundation, gates predicts that by 2035 there will be almost no poor nations left in the world. coming up, we hear what these titans are doing to see that through. bill, i read through your letter and what i noticed in the town was that you are very optimistic. you say look, we are better off than we were decades ago. where this optimism come from? >> i think i am naturally optimistic but also the facts are on the side of the optimist. it is dangerous that people are focusing on the bad news and not seeing the progress we have made. it means they don't look at

look at microsoft.moving like this every day, please remember, i own a piece of microsoft. nicole, look at that. isn't that great? >> it's great, stuart varney, up 3 1/2% today at 37.29. they came out with their numbers and there's a profit on the rise. the xbox game console did so well on the holidays. the surface tablet did so well, software sales, businesses did well and the services for businesses and a slightly lower tax bill helps them along, too. >> remember, microsoft is a dow stock, so that, the microsoft movement is presumably keeping the dow a little higher than it would be without microsoft. and by the way, we're now down 110 points on the dow and puts us below-- go ahead, nicole. >> liz our producer here, says 8 dow points. it seems light, but that's it, i know. and a weighted index. it would be interesting to see how caterpillar is, minus 6. they're slightly to the down side because they put out information that the machinery down. stuart: microsoft, i'm perfectly happy. john layfield come

then there's microsoft. now, microsoft also very interesting, profit beat the analysts' forecasts.aid they did well because of the xbox one during the holidays, the surface tablet, also sales of the software and services for businesses all of that put together helped microsoft along, and moth has been a solid performer. it's up about 30% over the last 52 weeks ask gaining about 2.5% today, so a great performance there as well. really bucking the trend of what we've been seeing on wall street. back to you. cheryl: you've been giving me a lot of good news today, nicole. i appreciate it. thanks, nicole. how should investors navigate the stormy waters in the market? the largest global professional services organization, formerly known as ernest and young, has released an investment road map for 2014. liz claman is with global chairman ask ceo mark weinberger in davos. liz: we're about to give you a road map for 2014. ernst & young put out a very special ranking so the best investment and entrepreneurial opportunities coming up this year, and we have global chairman and ceo mark weinber

facebook ceo mark zuckerberg and paul allen, microsoft's cofounder.e begin with mark zuckerberg and facebook. if you have a facebook account, you've probably reconnected with an old pal, shared photos with your family, and gotten advice from your friends on what to buy and what to read. but facebook has bigger plans. it wants to turn the entire web into one big social network. lesley stahl first talked with mark zuckerberg in 2008, and three years later, we sat down with mark again. he gave us a preview of his site's new profile page, a change that would affect the 500 million people who were then using facebook, an idea that zuckerberg had cooked up in his dorm room at harvard. >> when you first thought about this--19 years old--is this what you had in mind? did you see this far into the future, or is it way beyond what you dreamed? >> well, it's funny. i mean, when i was getting started, you know, with my roommates in college, you never think that you could build this company or anything like that, right? because, i mean--it just--and we were colleg

this point, given all of this criticism, especially in europe, it's in the newspaper today that microsoft is going to start using servers outside the united states so that it can keep people's data safe. i can just imagine people in the united states wanting to use the microsoft or other servers outside the united states. this is becoming -- unmanageable. and my suggestion is at this point that we look for alternatives and that section 215 so far as i understood before the president spoke was something the white house was considering abandoning. the president didn't abandon and gave three options. one that has the most appeal to me which he didn't explain carefully is tagging data so you can actually find needles without having to have the haystack. wouldn't that be better? wouldn't that be reassuring to people? at any rate, i want to commend

in europe that if they use microsoft as their carrier, the data from that -- that relationship will not be stored in the u.s. will be outside the reach the nsa program in the west. >> thank you. we appreciate you joining us

how involved are you on a day- to-day basis with microsoft? >> i am on the board.oard is doing some important work right now. the foundation is the biggt part omy te, but then i put part-time work in to help as a board member. >> are you involved at all -- or how involved are you with the search for the new chief executive? >> the board is working on that. nothing new to say. >> we had the fortune of having the mayor come back to this company, and we are happy to have him back at bloomberg. bill, has that ever hit your vision in the future of going back to microsoft full-time? >> well, my full-time work will be the foundation for the rest of my life. my wife, melinda, and i are enjoying that. i get to do it in depth. i am not going to change that. i will help out part-time. >> mike, tell me how you think. in the 12 years you have been in public office, technology, the industry itself has changed dramatically. new pioneers that follow in the footsteps of bill gates, give me your take on the state of technology. >> technology is an enabler. it is a tool. i think the