also going mobile as in mobile homes. i'll show you why middle class families and investors are getting into trailer parks. plus no brakes and no gas pedal either. i'll tell you why this will look like nothing like you've seen before. i'm ali velshi. and this is real money. >> this is real money. you are the most important part of the show, so tell me what's on your mind by tweeting me at ali velshi or hit me up on facebook. >>> this is all about location. i usually bring you new national job numbers that the government puts out every month, but the labor department also compiles figures at the state and local level. today we got new job figures for 372 metropolitan areas all across mark for april. now while we reported earlier this month that the national unemployment rate--don't look at this. the national unemployment rate fell to 6.3%. but we learned that it was lower than that at 5th 9%. that's versus the national rate of 6.3%. which ever you use, the story is the same. jobs are coming back and unemployment levels are

to hurt t-mobile and get customers back. only way they could possibly compete he will argue is if they come together. >> you are saying, june, july, this is when the formal bid will happen. what happens then? >> the fcc is going to auction off some spectrum. that's a key. he wants to see how that plays out. sometime in late may, early june, he probably begins formal diligence with t-mobile, gets deutsche telekom to sign something, and they go into high-level, serious talks, talks that did it down into the nuance of this. perhaps they announce a deal in july time frame. have to get the financing lined up. that is what we were pivoting off today with the story, they are meeting with six banks to get the money together. >> all right, jeff mccracken of bloomberg news, thank you. perfect timing. tune in tomorrow on "bloomberg west," where i will be speaking with t-mobile ceo john legere himself. still ahead, twitter ceo dick costolo. can twitter really become mainstream? dick costolo thinks it already is. he will tell us why, nex

let's not forget that, smaller acquisitions mostly mobile. alibaba is weak on mobile.ahoos monthly mobile users have been increasing see you could string together at plausible story that it is a great strategic partnership. >> leslie, are you hearing ideas about alibaba potentially buying yahoo!? >> one thing we reported was their desire to potentially buy back a stake to increase their valuation. looking at the strategic acquisitions, they have made many of them prior to today's prospectus a way that could increase their value when the prospectus came out in several months from now when the prices start trading in the exchange, something investors will pay very close attention to. >> leslie picker, crid yu, john malloy, jon erlichman. we will talk little bit more about jack ma. who is he? how did he start the company? what investors think about it? ♪ >> you are watching "bloomberg west," where we cover business technology. top story this hour, alibaba, the chinese e-commerce giant, filing for its ipo this afternoon. who is the founder and executive chairman, jack ma?

t-mobile and ceo john leger are making good on their promise to shake up the mobile phone industry. t-mobile is using cheaper plans and promotions to lower customers -- to lure customers. all this is coming as sprint is preparing for t-mobile takeover bid. i spoke with the president and started by asking about the boom in start up growth and how this happened. >> we added not only 2.4 million customers this quarter, but 6 million in the last year. 1.3 million postpaid net adds in 3.5 million in the year. as you said, we added 12 times as many phone net adds as our nearest competitor. the only reason is that the other two competitors, the calculation is infinity. in an smart people like you can't out that math. it is a vindication that the on carrier movement is the right one. it has 20 of runway to go. once you have our numbers, the wireless industry grew in q1. all the growth went to t-mobile, so it is a good start. >> how long can you sustain this? comedy customers are really that unhappy with their service that they will cut bait and switch to you? >> just approaching 50 million

he sends a series of letters back home to the mobile paper. in these letters he talks about mundane things. guess that they got. a year later when he is in your ferrites a series of three months in the confederate army. the propaganda. there's a new audience. he changes his focus talking about big issues like the justification of secession, the reality of what they're doing, how the soldiers are aristocratic. so in his second series it is the same offense, same place, but you can see now he is talking to a broad audience with a different purpose. i tell my students that win the war starts the best chance the south as and when the war is an alliance with the european power they realize this. his objective once he starts this new mission we will talk about in a minute, once he starts this new mission people trying to secure some kind of recognition and intervention of european powers. he wants to convince the european populists of the justness of the cost. you wants to convince these folks the south can win. sway the political leaders to recogni

lex who wins in the mobile payment is this?always going to be paypal even if they don't have the most innovative technology question mark they command the biggest part of the market. >> someone who can command the system. it's an integrated experience. it's not dissimilar to the music industry and the ipod. when apple came out with the ipod, they came out with the experience that was beneficial for everyone. we need someone to do that in the mobile payments area. >> is someone going to do that? >> paypal has an early lead, but this is going to be fought with amazon, apple and microsoft. ask what about apple and google? google wallet has not been super successful so far, but they are the two potential giants. >> i think apple is very well-positioned to do this, especially given the position in mobile. if i had to pick a winner, i think apple is the wonderful the 800i think they are pound gorilla. >> why? >> he does they own you. they own the consumer experience. i think they will figure out a way to work with the banks like they

you are making t-mobile stronger. by making them stronger, doesn't that undermine the argument that at&t and verizon are unstoppable? >> there is a few things. it what we're are seeing right now that is really fun -- i'm having a ball with it -- a glimmer of competition. this is what it looks like. big guys are nervous and restless and trying to figure out what to do. consumers are celebrating the people against each other. that is competition. it's great for america. it's great for the industry. in order to keep that competition, which is a big goal things havea lot of to happen. you have to find a way to make due that the doo-wop list -- opolis -- consolidation is usually thought of as one way of scale. back when the at&t possibility, before i was here -- that was a different game. there was an amount of time and people were looking at consolidation purely to aggregate spectrum. aght now, t-mobile is thriving, fun entity with a great path forward. when people look at t-mobile, we look at our path forward, how to tak

all schools will have high end mobile labs available to them to address the more specific requirements of some of the higher end, particularly our english language lerner software and others that require a fully powered desktop machine to do specific work. so the second component is to develop critical tool systems so what does this mean? realtime technology and curricular support, collaboration, knowledge and learning tools, and professional development systems. the current state of classrooms is not in the world's best shape. 27 percent of our classrooms [inaudible] the target that we're trying to get to is that every single classroom -- every single student has device that will be able to stream video. in the common core state standard, pretty much throughout five grade levels, there's a comparison. students were really required to prepare written text to video text to compare and contrast text. we can't play some of the tricks that we used to be able to play to multiple devices because students should be able to choose their own videos and what interests them and what they're doing

we knew we needed to be mobile first. the traditional habits -- search, communications, the digital magazine, but it is also mobile first because by the end of the year we will have crossover on the traffic where we have more mobile traffic than pc traffic. there is really no way -- right way to run it, and we put the team together and say this will be a two-year experiment, will pull this together, get critical mass, higher and do talent acquisitions to fill out tremendous app developers, designers, and get good at mobile. we want to build the best mobile apps in the industry, how can we do that. we pulled together a critical focus, understand this is probably not all right way to focus it, and revisit in two year sisi ultimately how we want to run a moving forward, but it -- for theeat moving company because it gave us the impetus and the momentum we needed to get ourselves jumpstarted. >> have you ever thought to go to adamant say we do not have a top 10 mobile app, either make one, or you are fired? does that seem lik

this is one of the mobile players gaining traction.possible that the payment industry as a whole is losing steam? you for joining us here today. tell me more about check. >> 10 million people have downloaded it. it is the easiest way for you to pay your bill. into it - intuit is now trying to buy check. >> we do not comment on that. what do you think is the future. there is competition in the space. it sounds pretty simple. >> it sounds simple, but it is actually white obligated. you can pay your bill from any account you have. what check has done is make it easy to pay your bill. >> i know you see some trouble here. trillion dollars in transactions going through there. everybody is trying to go after the space. everybody wants to be part of the transaction. it is not clear how you can win in the space. >> there have been reports that square is looking for a buyer. about a company like square? >> it is a very innovative company. ist they are trying to do fight with players like themselves. that is a tough battle to win. >> what is so t

out that mobile engagement. you know, will it move the needle immediately? probably not, about but with yahoo's scale and expertise, i think you could see an interesting marriage there. >> you know, the first part was all about video, which of course in our industry we love to hear about, buttia shoo trading at 26 times trailing earnings? cvs, 18 times trailing earnings. if yahoo wants tore more of a video company, should they be valued more like a video company? >> any, i think they have a long ways to go on the video front. you have youtube, netflix, hulu, a number of companies pushing on the video front. i think it's going to be a while before we see traction on the video side. so i don't think this company deserves a video multiple, and, you know -- but it does deserve a growing multiple as, you know, core is still very undervalued, and, you know, i think it's up to marissa mayer to show she can turn this asset around. >> thank you for joining us, kneale doshi. >>> now we have some dig-time whipsaw action go

and our american indian and pacific islander families use computer and mobile phone about half, half. we also asked households how many -- if their children had access to a computer with internet. about 84 percent of them do. this looks a lot like the range of households with the minorities a little lower than the district average. 60 percent of children report having access to mobile device with internet, and our white families have the lowest number of children who report having access to one of these devices. as you can see the latino, pacific islander and african american families have 60 percent saying their children have access to those. the percentage of children with mobile device access is actually inversed so families with possibly a high school level of education, less than high school or some college, this is where they're using -- the children have the most access to mobile devices with internet, as opposed to the over four year college, which is only about 50 percent. we also asked parents about how they would prefer for us to communicate with them so urgent communicatio

mobile home parks -- bulldozed and turn into pricey homes.ow landlords in o >>> it's a hot trend in bay area real estate these days, mobile home parks bulldozed and then turned into pricy homes. now landlords in one bay area city could pay the price for pushing people out. kpix 5's da lin live in hayward with the new push to protect low income renters. da. >> reporter: ken, this is the perfect visual example in hayward on this side. you have a brand-new development building dozens of new homes, on this side you have eden garden mobile home park. hayward city leaders want to protect those low-income families by making it almost impossible for the landowners to sell mobile home parks to developers. home prices are shooting up faster than the speed of these bulldozers. and that's tempting many landowners to sell their properties for big profits. in palo alto, the owner of this mobile home park is evicting more than 100 low-income families to sell the land. >> this is very difficult, you know, just to think about it is very stressful to, you know

are you t-mobile's puppet? no, i want to assure you, nation, t-mobile did not ask me to say any of this. all their marketing team asked is that i quote not position the brand in a negative light. and-- that, that, that is not a problem. where i'm telling you to position it, there isn't any light at all. remember, t-mobile, put it in your butt. (applause) nation-- (cheers and applause) nation, i always want to know what you think. right after i tell you what that is. this is tip of the hat, wag of the finger. (cheers and applause) first up, folks, i'm sick and tired of christian braker-- bakers and photographers being forced to participate if gay weddings that they do not condone. i mean you think that even gay people would be against a man marrying another man. it is kind of matchy-matchy. thankfully one heroic business is standing up. kentucky's herald embroidery which took advantage of a new state law protecting religious freedom by posting a set of storefront stickers. three well-- free welcoming christians,

alibaba has a relatively weak position in mobile. china has the largest smart phone market in the world. there are companies in china that are ahead of telly -- ahead of alibaba in mobile. >> bloomberg news ipo reporter leslie picture, john malloy, and craig yew. he's known for the flaherty brings to his role as chairman of ali baba. more on the ceo of china's biggest e-commerce company next. ♪ >> welcome back to "the best of bloomberg west." ali baba founder has changed the way the chinese do things. he enjoys performing for employees. take a listen. [singing] quite a voice their. how has his zany personality helped pushed ali baba to the top? clark has known jack since he started the company. i asked him what he is like. >> just like that. he was singing. he leaps out at you. he is not a tall man, but is a very tall man in terms of his personality. he has a wacky, larger than life image. you get a palpable sense that he is somebody different, both in chinese and english. >> back then, did you have any inkling that he could take the

facebook hits a homerun in mobile ads. mobile ad revenue soars from billion by 2014.illion on whatsapp. billion dollars on oculus. it all adds up to a rebound. shares reach an all-time high just in time to celebrate mark zuckerberg's 30th birthday and the end of facebook's second-year in the public eye. for more on facebook's two-year anniversary, i will bring in a special roundtable. here with me in san francisco is the managing director on facebook. and former facebook partition manager. l.a., chris dewolfe, ceo of the social gaming network. you worked with facebook at 40 years. has anything that has happened in the last two years of surprised you? what has surprised you most? >> the company has changed a lot. there was only about 40 million users. now it is over a billion. as a publicly traded company, there are things we didn't prepare for that investors look for. >> it was rocky along the way. you think it is still moving. >> the biggest thing they had to solve for was mobile. once they showed big to generate and -- revenue off that grow the user interface and en

the mobile cadets for years were kind of a social organization of the affluent in a society in mobileey would drill, have annual parades, picnics, kind of a social activity. when the war breaks out the next thing you to hotze and this fellow is sent to richmond, virginia, and then to norfolk to set up camp outside of hampton roads in that area. hotze in this case left us two very good firsthand accounts of what he did. he's only gone for three months but in these accounts, what is called the cadet letters. he sends a sense of letters back home to mobile paper. in these literacy talks about monday and things. who from mobile came to visit, what gifts that god, how the guys are doing in drill, things like this. but a year later when he's in europe he rewrites the story. he writes a series called three months in the confederate army. this state you see a propaganda coming into play because it's the same story but he knows there's a new audience so he changes his focus. he starts to talk about big issues, like the justification of secession. he talks about the like a of what they are doin

mobile had an african-american man whose name was john leflore and mr. leflore back in the 1920s decided he was going to take on segregation and started one of the earliest naacp chapters in the south here in mobile and kind of quietly went about the business of opposing lynchings and pursuing the right to vote, pursuing the desegregation of buses and public accommodations and mostly he did it through negotiation and lawsuits and that kind of thing less like demonstrations and confrontation. he found a few moderate wide allies in mobile who would sort of medium part way and so that he came can kind of the mobile story although there was a lot beneath that apparent progress where there was still a lot of hard-core segregation and some pretty hard racial attitudes. so it took a while for all that to play out. there were people going way back to mobile in trying to get things started earlier. john hewlett became the first african-american sheriff in lowndes county alabama. lowndes county was arguably the toughest county in alabama in terms of its resistance

facebook is the social glue, not only for the web on the mobile web, but mobile apps in the universe.you want to maintain your and -- identity on any type of mobile application, you need to use facebook. i do not see that going away very quickly. they have by far the best advertising monetization platform. we got to buy advertising and we spend the majority on facebook because it has a positive roi. the more users, the more data they get. i do not see them going anywhere very quickly. >> what about the cool factor? not think facebook is cool anymore. >> i think it is a bit overblown. i was watching people use their , college kids. i see a lot of kids using twitter but right after that internet and facebook. when you think about it as a multi-acid product, having things like instagram and whatsapp allows them to really reach the audience. it does not matter, still the same set of products. engaging with gmail or google? >> he uses the fact that he wants to be a utility. i am a huge believer and a coupler of utilities on the internet right now. google is one. maybe one other in that gro

>> guest: everybody from at&t, verizon, t-mobile on the large carrier end down to bluegrass cellular and independent companies like that. network equipment companies like erickson, alcatel-lucent, handset vendors like apple and samsung and companies that stand behind them and provide things like insurance services, network integration services and so on. >> host: well, given that wide swath of the telecommunications world that you represent, sometimes their interests aren't the same, are they? >> guest: they're not. sometimes my best lobbying is getting permission to leave the office. [laughter] we spend a lot of time trying to work with our members to identify where there are issues of common interest, and that's where we go to work. it's primarily around spectrum policy, tax policy, regulatory policy, where they tend to have common interests among members and where the members diverge, we sit on the sidelines and watch. >> host: well, joining our conversation to talk about some of those issues is a managing editor at bloomberg bna, paul barbagallo. >> hi, jot. >> guest: morning. >>

. >> welcome to mobile, alabama on book tv, located at the head of mobile bay in southern alabama, known for its rich french and spanish history as well as its harbor. today mobile they're ranks first in the nation for wood pulp exports and is on to the retired u.s.s. alabama. with help from our comcast cable partners for the next hour we will explore the history and literary life of this port city with local authors. >> the wonderful thing about the gulf coast is it is, i think, so underappreciated which is good because there's a lot to write about. >> new york, sentences go, chicago, the cities and places are also well known. extraordinarily rich subject. of course launched the invasion and confiscation of all this land which immediately after the war was over the reid there would not have been settled if it had not been for this war. >> we will begin our special look of mobile with a conversation with novelist and nonfiction author best known for his work forest gump. >> i enjoy writing about things. i mean, i think the problem sometimes with some books is that the writer has been tea

mobile app revenue, still trumps mobile ad revenue at 68% of mobile monetization.oogle average revenue peruser, six times that of facebook. facebook average revenue peruser, two times that of twitter. we see potential of twitter monetizing the users. when you combine the number of users, the growth of users with the ability to monetize, you start to get a picture of this mobile economy that is growing, but growing in areas that are harder to monetize and some of the big guys are getting big, big pieces of that. so it's have to see all of that develops, certainly a very big issue here at code con, drop box, uber, two of the big companies grabbing a piece. >> and her slide presentation is like a treasure trove of data. >> really curious to hear about the mobile and video monetization. which advertisers are looking to spend more on. >> it looks like she's talking about valuations in some respects. >>> in icy, there's a real dash for cash out here in california. an anonymous man has created a frenzy by dropping money-filled envelopes all over san francisco. and scores

mobile advertising, mobile advertising did not exist for facebook a couple years ago.ow it generates the majority of its advertising revenue. they have to keep growing that pie and reach out to these different app developers who have advertising on some of their apps and say, hey, let us help be part of that process by selling advertising space. we have done a good job of it with ourselves. we can help you get premium ad prices, which is a way of helping grow their revenue, which ties in with the wall street story of beating estimates, missing estimates, how fast the advertising revenue is growing. >> we will talk about premium prices for something else in a moment. thank you, senior west coast reporter jon erlichman. who is going to own the los angeles clippers? the current owner, donald sterling, has been banned for life from the nba, and media mogul oprah winfrey has confirmed she is in discussions with the larry ellison of oracle and david geffen to buy the team. joining me now is robert phyllis, the founder of inner circle sports, representing a management company

how can i work on mobile?think facebook is one of the best solutions for small businesses on the mobile device where the you're trying to reach when billion people or you are a small-business person who is not sitting behind a desktop computer, but you're out on the go. small-business owners are looking for simple and effective solutions. >> how much can facebook really help a small business? it is a limited audience, right? >> there are 1 billion people on facebook. facebook could be an effective place to grow their business. last month, we had 12 small businesses come to facebook. we heard stories from them all around the country and all types of different industries about how facebook has helped them grow their business whether it was just getting off the ground or -- >> this gave you the inspiration to do these boot camps. >> yeah. we didn't understand how many of them are teaching folks in their own local communities about facebook. there is a guy i have known for about two years. he runs an entertainment

. >> a sprint for mobile. the carrier is ready for making a bid for t-mobile. revolution 2.0. as europe celebrates mayday, we debate how tech will transform your job in the future. good morning, welcome. you are watching "the pulse." i am guy johnson. >> i am francine lacqua. also coming up, we try out the bendable sunglasses that kids can't break or lose. this is serious business. >> my children love destroying sunglasses, anything they can get their hands on. plus, the church of buffet. the oracle of omaha has inspired thousands of investors. we sit down with one of his most faithful followers. >> first, a bloomberg exclusive. we have been speaking with italy's newly appointed finance minister. he told us he would welcome further depreciation of the euro but he doesn't expect it to happen. offario draghi has taken the table the risk of the breakup of the eurozone. this benefits all eurozone members including italy. italy are growing again, exiting the recession. the challenge for italy is to make that growth which is too fragile, much more consolidated and resilience. this i

their market is slightly behind us in mobile adoption. that kind ofthat customer mix would be in place right now. it is an absolute upside for them. >> you have been looking at some of the companies that alibaba has been buying. walk us through that and how that plays here. >> they don't get into a lot of detail in the ipo filing, but you are absolutely right. it is interesting as you look through this filing, it is not just the story of marketing to investors, it is the story of marketing to anyone who could potentially be a user of the various alibaba services. it is interesting that they use these anecdotes like american farmers who through various businesses could maybe sell cherries to the chinese market or small-business operators like the yoga studio operator or the cake maker who can buy cake decorations or yoga mats in china using the various alibaba properties. they are very much on a mission to both invest in the united states and inform people in this country about what alibaba is. let's talk about the regulatory issues. obvio

liz: that brings in t-mobile. at&t tried to buy t-mobile. the regulators didn't like it.e, in turn, has been better for the consumer, and their business has grown exponentially. but surviving in the land of the giants is very hard. and, therefore, i'm just wondering if the regulators okay comcast/time warner cable but don't okay at&t or t-mobile or, at&t and directv, don't they just risk -- >> yeah, well, i think that's a legitimate point. i think everybody has to stay competitive and, you know, the comcast/time warner deal, you know, it's the two largest cable operator, so, there's, there's not going to be a bigger deal than that. liz: what stock do you buy here? is it dish who needs a partner -- >> verizon or charter which is getting three million from the charter/time warner -- liz: cablevision? >> cox. there's still a -- liz: cox isn't publicly traded, but you would like the previous names certainly? >> >> yeah. there could be more mergers and acquisitions. it's not going to be the size of, you know, a time warner/comcast or an at&t/directv. liz: john, do you think th

this translation, the more intellectual diversity, comes to mobile in 1856. after the translation comes out to make such reviews he then goes into a local politics. for a while

kolb: the mobile lab is equipped with instruments that can measure every second or so. if you're characterizing an emissions source, and its emissions are changing second by second as a vehicle might as it stops and starts or accelerates or goes up a hill, then if you don't measure second by second you won't get the right answer. nitrates? yeah, i see some nitrates. narrator: one key instrument is aerodyne' aerosol mass spectrometer, which measures thtiny suspended particles in the atmosphere. what's really special about it is that usually when you're looking at particles you just know sort of how many particles are in your sample. but what the ams is capable of doing is telling you what the chemical species of each of those particles is. you can say, "oh, you know there's 1,000 particles in this cubic centimeter of air," roughly this big but you can also say "oh, a certain fraction of them are sulfate, "a certain fraction of them are some sort of organic a certain fraction of them are nitrate," et cetera, et cetera. and so that gives you a much stronger capability beca

tea mobile rose 11%. on this news. >> this is tea mobile u.s.nd has nothing to do with deutsche telekom. men -- of 67% of two t mobile overall. >> there are four companies involved. sprint is 80% owned by softbank. t mobile is 67% owned by germany's deutsche telekom. that's why it is so confusing. >> is the government involved? >> absolutely, you have to get this passed the fcc and the department of justice. is the fourth-largest carrier in the u.s. only block the at&t deal with everyone thought would go through. >> $23 billion is the valuation? julian emmanuelle is with us from ubs. the fed has expressed confidence that we can grow going forward given the fact that we are continuing to taper. now we are seeing corporate executives express the same confidence in m&a. a month ago, we predicted it could grow by 17% this year. now, the numbers look like it's closer to 40%. >> will we see nominal gdp? you guys say the word confidence too much. that's what this is about. >> we were just talking about capex. m&a is just buying someone else's capital s