we're back in the mid '90s where microsoft at that point was so dominant that it was stymieing innovation. if you think -- if microsoft hadn't been challenged in the courts we never would have had web book 2.0, we never would have had google or facebook. at a similar point where we have the companies are actually also now anti-innovation, and ironically, regulation will make more innovation rather than the reverse. >> andrew, why do you think the silicon valley doesn't have enough contrarians? it's a pretty common -- >> well, i'm enough aren't i? [ laughter ] >> do you think silicon valley -- >> it's a herd mentality. a lot of people -- >> i do think that. >> there's paul carr. i mean there are a number of people who are questioning more and more what's going on here. >> i think it's normal though when some kind of new technology comes in. oh, my gosh, we have computers in the pocket we have high speed connections around the world. i think it's a fairly normal assumption to see that as something interesting and exciting and maybe accidentally lean too much towards the positive. we invent

microsoft? a company that you grew up with. aaron: i think there are specific product areas that could potentially lose or be harmed by some of this transition, but then there is an entire company athe macro level that does not necessarily have to lose. emily: so companies like microsoft, google, amazon are dropping the price of cloud storage. how much of a threat is that to box? aaron: we love that. the same unit of storage is now a 40th the price as it was 10 years ago. on the supply side of our business. so the cheaper that storage gets, the more data that we can store for a customer, and the more we can deliver unique experiences around their content. emily: you recently took on $150 million in funding from tpg and coatue. the company is now valued at $2.4 billion. why did you take that money? aaron: as you may have seen, we have filed to go public in march of this year. and then basically about a week after we filed to go public, there was a bit of a market correction in the tech stock space. so you saw a bit of volatility -- quite a bit of volatility and a lot of sass in kind of high-growth technology companies. so we decided it wasn't the best time to bring a new company to

especially the apple 62 was a $47 billion the brand is made and how the 7 4 billion the top 10 include microsoft att where temperatures are pretty mild but we will have a complete check coming up in just a minute. >>james: we want to start off with a live look at the golden gate bridge just as we thought it was the zipper trucked out and about reconfiguring the land to the morning ride that is what is happening on the deck itself it is overcast for the weather but it is not as thick and as widespread as it was yesterday therefore were looking for to ask you burn off move off break up a little bit sooner than it did yesterday warmer temperatures this afternoon at the moment nice and mild cool but not that we're talking mid- 50s bay area by 58 in san jose 55 in oakland 56 in san francisco appear 57 for concord and livermore very mild to start the winds are still fairly strong out in the delta we have the clock when 1 mi. an hour sustained offensive of picking a 50 mi. an hour sustained winds in oakland but everywhere else is doing all right let's talk about the temperatures for this afternoon a quick

wilgoogle the brand is by math at to what an 47 billion to other and a top 10 brands of law or a microsoft atlled in the quarters in washington and that is a line where the train terrell two weeks ago in philadelphia killing eight people and and it's over 200 the goals will eventually get and what fessing cameras of all the strains there has been arise in a vehicle break-ins and downtown lafayette not far from the partition of the lafayette elementary school was off of the areas where there have been 10 car break-ins and just the past 30 days the car's most of them locked so there's no pattern to the all-nighter when they're getting in here look police are saying investing is viewed as a part in a well let populated busy area and do not leave anything visible in your car. >>mark: it was taken from the transfiguration catholic church and catholic castro valley runs it was bought nine years ago the leader says the source of comfort to believe the browns and the statue of his motive for the theft of lettuce on the oil spill in the santa barbara coast of the pipeline company is doing to try and h

talks between the two companies but still the report sent sales of sales force higher and microsoft lo we look at the costs of a get-together. if microsoft really is evaluating a bid for sales force, what would be the tech giant's motivation for such an acquisition? well for one, these are two companies that already have a part it is a relationship that has only seemed to deepen sen sach and adela became the ceo last year. in fact at microsoft developer conference just last week sales force ceo bennieoff was in the audience and watching the key note address. second nadella is laser focused on building out his company's cloud business which is on track to do more than $6 billion in annual sales but on the other hand there are questions about whether naddel would want to do a deal like this ahead of the launch of woepd's 10. and there is the sheer size of the deal. up to $64 according to ever corp. so the benefits of a potential acquisition are clear but so too are the costs. for "nightly business report, m josh lipton in san francisco. >>> one of the market's bright spots early on today was disney

guest: >> guest: i did research in college and worked in a biotech company and worked in software at microsoft and ran a startup and helped innovate new technology and ended up here afterwards. and i think that unique combination to under technology and how it works and having policies that allow innovation and protect consumers is something i bring to the table. >> host: what did you do at microsoft? >> guest: i worked in e-mail in the early days. probably before people used e-mail. and then embedded systems like software and things that are not computer and we think of the internet of things more so. but they were not connected devices. worked on windows '95 so i guess that will date me. and then on mobile devices. the last year i worked with what you think of phones now but the early days of mobile devices. >> back in that time was there legislation or congress involved or regulations as to what you did? >> guest: i don't think there was as much focus on policy at that time. the devices were relatively static in that you had a computer and you kept your computer and your information was on

people speculated on names like microsoft, oracle and ibm. jim cramer said at the time this was all going down it's got to be microsoft, it's got to be microsoft. >> if it was oracle it wouldn't be a good fit. culturally there was a difference between those two. we knew it had to be something big with the amount of fire power that could handle this multibillion dollar deal which could be north of $50 billion if it ever did happen. >> we'll get a reporter in the midst of that mix over there right now. you can hear behind us a boisterous crowd as they're screaming prices of sales force. >> what was that? >> i think we have josh lipton with us live with a little more color on salesforce.com. josh? >> i heard you talking about microsoft. according to the bloomberg reports said to be weighing a bid for salesforce.com. this is not the same company. it was not microsoft that made these initial offers. that's what we're learning. remember, of course we had this news last week some arguing when they first heard about this that microsoft did make some sense. i was at the

microsoft band. with the latest products, greg sullivan, consumer expert at windows for microsoft.his is met thor after great things. we love competition. here comes the loom mia phone. the lew lumia, 640 is great example. has great 6 megapixel camera. connects to office 365 and can store content you can access from any device. coming from at&t and t-mobile. liz: how much does that cost? >> pricing has not been announced. it will be announced. will be very affordable. david: i heard it was 69 bucks. >> you may have set the price. it will be affordable destroys. david: let's grow to the to the tablet. i think tablets become laptops. does it do basically that a laptop does. >> that is exciting thing about surface 3, on the heels of the surpass pro 3, this is more affordable, thinner, lighter, great tablet and pc all in one. you can an do everything that a tablet can do with a mouse and keyboard. if you take that off, it is a, tablet that you can sit on your lab and do -- i love to do couch surfing or play some games. but then also, take it on the road. do all my email and my full off

my brother was a computer guy, and his wife works at microsoft. i feel like i know those personalities so it is really about that attitude. mike: i also feel like it is good if we can make the people who work in this world actually laugh and enjoy it on that level. that is good, too. so far it seems like for the most part that has been the case. there are a few haters out there. emily: i have to mention elon musk. alec: nice segue. -- nice s emily: he said that none of those people are software engineers. software engineers are more thoughtful and special. i feel like mike judge has never been to burning man which is silicon valley. have you ever been two burning man, first of all? mike: i have not. he is right about that. alec: he did just last week light a man on fire. mike: one step at a time. emily: how do you respond to that? mike: elon musk is at the top of the game, so he may see things differently. i am not going to ever say that elon musk, that i know silicon valley better than elon musk. we are looking for a comedy, not to just glorify a

microsoft at $47.83.king a and american express have initiated movement there. american express announcing a 12% dividend increase and stock buyback as well as delta air lines pushing dividend by 50% and a $5 billion buyback. godaddy revenue rose 17.5%. more "varney & co." coming up. . stuart: breaking news. philadelphia police confirm that one of our guests said a few minutes ago, a seventh person has died in last night's amtrak crash. we know one of the victims a u.s. naval academy midshipman and another an associated press software architect. a seventh person has died in the amtrak crash. >>> want to you look at tesla stock for a moment. we do a lot of this. $244 a share. get this. it says it's got nearly a billion dollars in orders for its new batteries. that's tesla. shah gilani is here. what's he got to say about this? a billion dollars for orders of new batteries, i suspect it's a little high. you? >> they aren't actual orders they are initial expressions of interest, i think they're calling them.

accessibility is a potential target whether in the midterm or near term they will have microsoft and others looking at cory: we should point out that microsoft is not currently in talks. but we have been working on this doggedly for weeks and we have a lot of companies who are not interested. you say there's no shortage but there are only so many companies big enough to buy salesforce. when you said tract those that would not be interested -- exxon oil, probably not chevron probably not going to happen. alix: could we see a bidding war considered that there are so few buyers? cory: i look at the valuations being placed on companies like vito -- vevo and workday. these kinds of valuations, it's hard to imagine strategic buyers. alix: it is a thrill to have you sitting next to me while talking about salesforce. we are going to break. we will be right back. lots more coming. rubbermaid makes everything from pens to pots and pans. what are shoppers spending their money on? i will ask the ceo would we come back. ♪ alix: welcome back. you got pens, strollers, pots and pans and hair accessories. rubbermaid m

his wife works at microsoft. i feel like i know those personalities and he knows those personalities, so it is really about that attitude. mike: i also feel like it is good if we can make the people who work in this world actually laugh and enjoy it on that level. that is good too. inthat is good too. so far it seems like for the most part that has been the case. i mean, there are a few haters out there. emily: i have to mention elon musk. alec: nice segue. emily: at one point he said, he told "redode," none of those people are software engineers. software engineers are more helpful, thoughtful, and special. i feel like mike judge has never been to burning man, which is silicon valley. have you ever been to burning man, first of all? mike: i have not. he is right about that. alec: he did just last week light a man on fire. emily: that has to count for something. mike: one step at a time. emily: how do you respond to that? mike: elon musk is at the top of the game here. he is not -- he might see things a little di

. >> what you do at microsoft? susan: i worked on many products emma e-mail in the early days. and then i worked on embedded systems, software's and things that are not embedded computers. the internet of things, it was called embedded systems -- they were not connected. i worked on windows 95. i guess that would take me. and on mobile devices. last year, we think of them as phones, but in the earlier days as mobile devices. >> back then, was there a legislation or regulations as to what you do? susan: there was not as much focus on policy at that time. the devices were relatively static and you had a computer and you kept your computer. the big difference we are seeing today is the amount of data that is being exchanged, the amount of information that is stored in the cloud or stirred on ser vers. that is greeted new opportunities, but it means we need to make sure policies are in place to protect privacy and security. there are international applications about how data moves around. >> and is congress aware of it is congress up-to-date? susan: our policy is far from being up-

ballmer was at microsoft for a lot of years. i think he'll find this to be more challenging than he thinks. it's not easy. this is a very complicated, though not the largest business maybe some of us have been associated with it's very very complicated in terms of the media, the sales aspect in terms of you know so many things the basketball side. it's really a multidisciplinary type of activity. >> harden tied up knocked loose, and the game is over! go state hangs on! >> lacob says he doesn't care about the team's evaluation what he does care about deeply is winning championships. game three with houston is tomorrow night. for "nightly business rep" i'm josh liptonn >> good luck to everybody in that. >> all right. thrilling game. >> that's "nightly business " for tonight, i'm sue herera. thanks for joining us. >> and i'm tyler mathisen. please enjoy the holiday weekend and join us for a special edition of "ni ♪ it's all right, it's okay ♪ ♪ doesn't really matter if you're old and gray ♪ ♪ it's all right, i say, it's okay ♪ ♪ li

he used to be a big executive at microsoft until he went on vacation in nepal. that's when he saw the desperate need for books and libraries. he changed the course of his own life to change the lives of children all over the world. >> when i was growing up in pennsylvania, we had actually a bookmobile that came to our town. and we think of this kind of as a "nepalese yak-mobile." we've got our yak loaded with books, and we're about to head off to go to a secondary school here to deliver about 500 books to help them start their first library. >> when john arrives with his "yak-mobile," just look at the reaction. reading isn't just fun. it's a way for them to connect to the world beyond their isolated community. >> "what does shirash like?" >> he likes ice cream. >> he likes ice cream. "what do annie and onnie like?" >> "what do annie and onnie like? they like chicken curry." >> [ laughing ] they like chicken curry. do you like chicken curry? yes? okay. >> in nepal, children express gratitude with flowers and the traditional "namaste." >> namaste! >> there are als

and it would dilute the company by at least 12% if they did in all equity deal. brent: microsoft makes the most sense. they have the cash, number one. number two, culturally it makes sense. benioff was at the conference yesterday. emily: -- and benioff were at the same ceo summit earlier this week. brent: a lot of ceo's share the same view that he is doing the right thing. i do not believe that mark would come to these things if he did not believe in what they were doing culturally and directly, it makes sense. emily: hp, sap, ibm. cory: they are two companies that are similar businesses which is slinging hardware selling services, and selling a good chunk of software. in both cases you have companies that say we want to be in the software world. so hp is going for the split of the company. there is in no way they could do a split of the company and do an acquisition. they cannot afford an acquisition like this anyway unless it will be compaq where it is issuing equity. a marriage of equals. that is hard to imagine happening but it would help them grow topline or at least not shr

microsoft? cory: -- like satya nadella at microsoft?ther an outsider or insider drives change is one of the biggest debates. do you need a king from north of the wall? cisco has been a marvel. long-term employees in cisco, with the vested stock options they got, do not like cisco. but what cisco has done to survive and thrive as all their competitive sup on a part is a great credit to john chambers and what he has done there. in cisco, the bench has been deep. to see john chambers -- at one point, we are to bureaucratic. we need to have fewer committees. they had to go through committees. they fixed a lot of those problems. maybe he is already making those changes. alix: satya nadella had to change the culture of management. is cisco facing the same shift or are the issues different? cory: i think cisco houston a better job of being on the technical edge than microsoft. things that could have wiped them out -- not just competitors , virtualization. vm, it seemed like they were going to sweep the field with what cisco did. blackberry is

his parents hope he will become a reflection of themselves and dan is a lab manager at microsoft and she is an artist. >> i hope he can become a scientist and artist. >> a trend is emerging that women in silicon valley are waiting longer to have children even as the economy has rebounded from the recession. >> pre-recession until now the difference is two years and women are waiting two more years to have a babe owe average and the other thing is that we actually have a declining population share of women of child bearing age. so that's simple math. fewer women equal fewer babies. >> grace bolton mother of two is an example of that. i was 31 when i had my first child and 36 with my second and i'm noticing nowadays all my girlfriends are about that age range. >> a new analysis of trends by the silicon valley institute of regional studies indicate the number of children will decline 8% over the next decade and that would mean lower enrollment in schools and lower enrollment impacts state funding and it means less crowded classrooms. silicon valley is growing by one person every 16 minu

earnings per share is going to take a big hit and fall 60% for microsoft and it would dilute the company by at least 12% if they did in all equity deal. >> microsoft makes the most sense. they have the cash, number one. number two, i think, coulter early in makes sense. i was at the conference yesterday -- emily: we are at the same ceo conference earlier this week. >> a lot of ceos share the same view that he is doing the right thing. i don't believe that marc would show up if he did not believe in these things so i think the way they are going to make a lot of sense. emily: ibm? >> in the case of hp and ibm, to companies that are similar businesses which are slinking hardware, selling services and selling a good chunk of software. you've got companies that want to say we want to be in the software world, so hp is going for the split of the company and there is no way they can do a split and an acquisition. they probably can't afford an acquisition like this anyway. it would be something like hp compaq or a marriage of equals or something like that. that is hard to imagine happening but it wou

you take some profits and buy it back below 70. >> pete. >> i'm looking at microsoft yesterday thereds of paper in this name. the name was not moving much. a lot of folks betting on this idea this stock is ready to break out. somewhere in the mid-50s. >> this stock is trading 87.25. tomorrow you'll flush it out topography 86.5. l brands tomorrow will make the turn back higher. >> l brands. giving you a funny feeling. >> i'm melissa lee. thank you for watching. see you back here tomorrow. don't >>> my mission is simple, to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere. i promise to help you find it. "mad money" starts now. >> hey i'm cramer. welcome to mad money. welcome to cramerica. my job is not just to entertain but to coach and teach you. call me at 1-800-743-cnbc or tweet me @jimcramer. i love it when i can pit the airlines against each other and

you must be willing to die in the name of allah and be proficient at microsoft xl.hese are real questions on the al qaeda job application. we translated them in to english. any hobbies or past times. which sha a ykhd do you listen to or read often. maybe chocolate. have you ever been in jail or prison? usually that is a bad thing but i don't know. who should we contact in case you become a martyr? let's see, my mom never answers her phone. contact my wives, there are eight of them. contact them alphabetically so there isn't an issue. how bad must it feel to not get the job with alil al qaeda. we don't feel you are right for the job at this time. >>> police are undergoing training because officers accidentally left their guns in the public restrooms there three times this year, which is great. the capital police chief said they are training officers on what to do when you have to go to the bathroom. in other words, the capitol police are undergoing potty training. [ laughter ] so i was wondering how it works. is there a six-week course on how not to leave your gun in

tech continues to pay very well out of the top 10 ceo's, four of the executives are at technology companies. microsoftthe first spot earning 84 million in salary, cash and s the survey shows that there's no stag nation in the c suites. medium pay was about 17 1/2$1/2 million. a growth of 21% over last year's study. the average was mor >>> among the top ceo's, the highest paid woman was marissa mare of yahoo. >> the sec has just come up with proposed roles zs that require the company to show return and compare that against ceo pay. things may be changing. >> repor welco news for average investors. for nightly business report i'm sharon epperson. >>> shares of urban outfitters sink on weak results. both earnings and revenue came in below the street's estimates, the stock was down as much as 13% in after hoyers trading, before the close, though the stock was up almost 3% to 4072. >>> the bird flu will take a big toll on cisco, the company which is the largest u.s. food distributor says the outbreak will crimp egg and chicken supplies for up to 18 months. it is still too soon to tell if the supply squeeze

microsoft buying sales force.com. it is all about the cloud. what is with this? >> speculation att in 2003 microsoft made overtures except the then ceo steve ballmer didn't get along with mark that didn't go anywhere. but i think he has a good chance. i hope they go for. it will be a great acquisition. >> what is with the cloud? >> explain. >> microsoft had its own crm customer relationship management and all about the sales force in the cloud talking cloud, being the cloud before income knew what the cloud was. microsoft is moving very quickly into the clouds making it a huge part of its business so this makes a very nice -- addition. >> do you know microsoft goes to 65 >> i thinking in in here. especially if this happens and stock goes down it is a buying opportunity. >> cuts to the chase. couple of microsoft shares and apple regulators looking at the beets deal does that put you off the stock? >> it doesn't put me off the stock although i think there could be some repercussions they're looking at beats in terms of the price because they've used some of their power before to inc

in physics, studied with stephen hawking and then for years was the chief technology officer at microsoftany called intellectual ventures. there he gets to indulge his passions. he spent time, money and brain power on such diverse subjects as bread baking nuclear power, and dinosaurs. his company is working on all three plus much more. one of his latest projects was spurred by a challenge from bill gates who asked him to help solve a tough problem. how to keep fragile medicines cold in hot climates in developing countries where constant electricity is far from a guarantee. the team tinkered and tinkered until they found a solution. >> reporter: nathan a pleasure to have you on again. >> well it's a pleasure to be here. >> reporter: this sounds like a simple problem. you know why don't you put it in a thermos. explain why this was hard and how you solved it. >> well you know it turns out that when you find really hard problems in society, there's a reason why they're hard. and sometimes it's a technical reason. often it's a mixture of technical reasons, political reasons. so as an example,

myhrvold was the long-time chief technology officer at microsoft, trained in physics by stephen hawking with interests ranging from physics to food and everything in between. he and his team at intellectual ventures have been working on everything from nuclear power to stopping asteroids from hitting the earth. it's commonly believed that asteroids wiped out the dinosaurs. but myhrvold says asteroid impacts are not just ancient history. take a listen. >> you don't think we pay enough attention to the problem of asteroids. >> so in 1908 an asteroid hit in siberia. it devastated hundreds of square miles. it was hundreds of megatons. it was bigger than the largest atomic explosion ever on earth. but as luck would have it, it strikes the middle of siberia, in an area where there's only a few reindeer herders. now, if that asteroid was an hour earlier or later, if it had hit in europe, the united states, even if it had hit in the middle of the ocean, we would have grown up with the whole 20th century shaped by this horrific event. imagine if it had hit london or new york or even the countrys

we're trying to give them all the feeling of being at the stadium. the microsoftves us the scalability to communicate exactly the content that people want to see. microsoft cloud allows us to establish a relationship that is more personal is more direct with the fans. it will help people connect to their passion of living real madrid. fact: when pharmacists are in pain the medicine in advil is their #1 choice for pain relief. more than the medicines in tylenol or aleve. use the medicine that pharmacists use most for themselves. relief doesn't get any better than this. advil. at red lobster's create your own seafood trio... ...if it looks tasty you order it. choose 3 of 9 dishes for just $15.99. like baked lobster alfredo. brown butter shrimp scampi. and soy-ginger salmon. hey, this is my plate. get yours while you still can. >>> and finally tonight, the latest on the breaking news. that amtrak train crash in philadelphia. the city's mayor calling the scene an absolute disaster mess. after sempven cars including the engine jumped the rails. officials still saying t

. >> bolmer was at microsoft for a lot of years, think he'll find this to be more challenging than heot easy, this is very complicated. though not the largest business that some of us have been associated with. it's very complicated in terms of the media in terms of the business, sales aspects, in terms of the so many things, the basketball side, it's a multidisciplinary type of activi activity. >> i asked lacob about the $1.3 billion valuation. he said that's not what he's focused on. he says what he does care about deeply is winning the championships. >> the truth of the matter is, i don't know what it's worth. it's probably worth a lot more than we paid for it and that feels good for my investors, i know i'm doing the job for them, my limited partners. but other than that, we're trying to do good, trying to build something the community can be proud of, something we can be proud of. and we want to do something for the fans here. >> now game three with houston is tomorrow night. by the way as a long-time vc, lacob can spot a tech bubble. i asked him whether the current market has hi

. >> microsoft i look at as a bond proxy with an upside call to it. that's what you got here today. it's a snooze fest for me, that's why i don't have it. >> shares of avon. this was not a snooze fest, by the way. halted three times today on extreme volatility after a phony takeout offer. a company allegedly named ptg capital filing with the stc offered to buy avon products for three tienls its current value. avon confirming they have not received any such offer. we also tried to track down ptg, called the lawyers listed on the filing. all sorts of phony weird stuff happening. could not contact the lawyers. no record of them being admitted to the bar in texas which is where they have their officers, et cetera. >> this is our market at its worse. manipulation, no doubt, of course. but i hope people didn't get caught up in this. think about it. avon who we know has been struggling. would someone lob in a hostile bid -- >> three times the value. >> -- never approach the company and start with that price? and then put up this phony document. i mean, it's absurd how bad this is. and sham

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