i think it's a combination, a monetization of those years which we see accelerating. talked in the analyst day abouting is 1.2% ad loads on facebook versus 5%. a lot of room to run. the monetization is about $5 billion, $11 billion looking to increase revenues and the other 5 billion from maus and engagement is the last piece so all three are very important. >> we'll check back in. get back on the call that's six minutes in. in terms of the trade, guy adami, and the after-hours trading that we've seen, what's your inclination? >> stay with t.enough people barb this thing. twitter continues to go higher. there's a lot of story left to be told here. >> right. >> but when i say facebook moment, i'm not comparing it -- i'm comparing the stories, you know. facebook. >> in terms of the stock. >> the ceo was under siege and same thing going here. that's why i think you'll continue to see twitter move higher from here. >> seems like dick costolo has bought himself more time. >> i think so, too. kudos, steve. >> let's leave on that note. >> the true reaction after hours, you h

netanyahu, elizabeth warren, or monet davis?if you saw that crossover that drove kevin hart to embarrassment and shame so that he would never play in the celebrity game again, you would know the answer all the way is monet davis. >> dreidel, dreidel, dreidel benjamin netanyahu is playing two continents like a pro. >> that you agree monet davis could take him in a one-on-one? >> totally. >> who is more transparent governor chris christie of new jersey silvio burwell or norm mcdonald? >> nor mcdonald is the best reporter in the history of entertainment. he reported about eddie murphy not wanting to play bill caused the. norman donald -- bill cosby. norm mcdonald could be on e! >> that guy tweets about football when it is football season, and you don't even need to watch the game. >> and he has an open invitation to come on. >> i have to give you the last final quest. what is the best picture, or man, boyhood, or whatever this is? >> boyhood is going to do surprisingly well in the academy awards on the day. big winner, best picture

people will try to monetize it in different kinds of ways.t is how it will be distributed, sold in bulk. >> when north korea allegedly attacked sony pictures, we know what they wanted, to stop the release of a movie, which they failed at. now amy pascal has been fired. they got what they wanted, perhaps. what do these hackers want? >> it is unclear. it is a question that anthem is looking at very closely. i will say one thing -- what we know they wanted is a lot of information. we don't know exactly what they want to do with it, but what we do know is that they want a whole lot of it, and they want to keep their options open. this is pretty standard for hacking attacks. if you have access to a company that is not -- has not segmented its data center property, and a small group of individuals have access to 80 million social security numbers, you are going to take all of it and sort it out later. some of the tools indicate that these were possibly state-sponsored hackers, sophisticated attackers but we really don't know what they want to do. y

bibi netanyahu, elizabeth warren, or monet davis?u saw her do that crossover that drove kevin hart to embarrassment and shame so that he would never play in the celebrity game again, you would know the answer all the way is monet davis. >> i say to you pimm fox -- drei del dreidel dreidel. benjamin netanyahu is playing two continents like a pro. >> that you agree monet davis could take him in a one-on-one? >> totally. >> who is more transparent governor chris christie of new jersey, silvio burwell or norm mcdonald? >> norm mcdonald is the best reporter in the history of entertainment. the whole story about eddie murphree not wanting to play cosby. he could be on e! imagine the world of politics entertainment, and a if all of us unleashed our norm mcdonald and started socializing. >> 100 tweets. >> that guy tweets about football when it is football season, and you don't even need to watch the game. >> and he has an open invitation to come on. >> i have to give you the last final question. what is the best picture? "biredman," "boyhood

on the monetization rate, it has been trending up over the last few quarters. one thing to remember about mobile is we have now 200 62 5 -- 265 million monthly active users. that is very good in spite of -- in light of the net ads. we believe, as long as you continue to attract users on mobile to buy things, to engage on your platform, at some point, monetization will follow. one thing i would like everyone to remember, in the fourth quarter, alibaba generated $1 billion u.s. in mobile revenue. this is a substantial number. >> on other developments speaking about mobile, yahoo! saw some good mobile revenue growth a day ago. marissa mayer has now spun out her alibaba shares into spin co. would you have any interest in buying all or part of spinco? >> we don't anticipate buying into an agreement with yahoo! or spinco. this is their right to do. the board obvious. they decided to do the spin off. from our perspective operating , the business day today, we have a 15% shareholder in us. that's yahoo! after the spinoff, we will have another 15% shareholder, that is s

>> depends how well it monetizes that. >> how do you monetize it? promoted tweets? >> we will see.e will see after the bell. doing all kinds of things. reports of a deal with google do all kind of things. >> that's just for search results. that makes me not want to tweet. >> they are unleashing a slew of various things they are trying to do -- >> group text messages. just saying. we should get a roundtable, four or five folks from around the country that have tried twitter, what do they think about it. just like normal people. we are in the self-promotion business. >> we are in the news business. it's kind of like a wire service. thank you both very much. stick with cnbc. twitter's ceo will be talking his earnings tomorrow 9:00 a.m. eastern. >> that will be fiery. he has not been -- he has gone after twitter and costolo in particular. they have to figure things out or make serious changes. >> as herb said, the company should be private. going to be a great interview. >> will it be live tweeted? >> it's not just twitter. lots of other big reports are coming out after the bell. let's

they can look at other ways to monetize their content.t saying the idea of this company, the home of your personalized news service not actually making lots more money is ludicrous, but not as ludicrous of why google doesn't make off of youtube. twitter is invaluable and fun. so is facebook but for many different reasons. but facebook has figured out how to monetize its content in an additive way. i like their sponsor ads. i can't believe it. you know what? twitter will figure it out, too. or maybe somebody else will do it for them. let's go to tyler in indiana. tyler? >> caller: tyler, i'm a late-night fan. love your comedy and humor. i think you're amazing. i have a question on angie's list. >> i was surprised they put it together. i didn't think they would. we said we didn't like the stock. i still am not crazy about it, but it looks like a decent spec now. twitter has become the world's personal news service. that is with worth a fortune more than it's selling for. it's only a matter of time before they can figure out how to mine the

>> other companies see the need to monetize before the filing is disclosed.nalyst i spoke with gave the example of pandora. they made their ads as users were going to mobile a little more invasive. you are listening to pandora and the music stops and you haven't had -- you have an ad. that upset some users and they defected to other sites. and that is slightly different because the users have other places to go. but focusing on that idea of monetization ahead of an ipo, as opposed to the core values of music streaming. >> leslie picker, good to see you. up next, snapchat for the business world. it lets you send a screenshot self-destructing photos and other images. ♪ but i'm cory johnson. what is snapchat when you get rid of the naked selfies? it is a messaging app off the record. it can be sent to dropbox or google drive and then it disappears. john, talk to me about this business. it is fascinating. >> it is an incredible business. you really hit it in the intro. the spoken word disappears after we say it, but whatever we communicate digitally remains archi

the most coveted is "ley grand canal" which monet declared was. >> beautiful to be pointed >>> a winner of international music competition to be performed at carnegie hall. the winner from a young syrian refugee. >> reporter: carnegie hall. most spend years practicing before getting a chance to may at this store. for tomb yrk, it's 18 months since his first piano lessons. to be one of 50 children chosen to perform here. it was not easy for a young man whose family fled the civil war. there's a lot of kids like me of my age maybe dying because of the cold or bombs, i don't know. and i am not happy for that. i'm sad for that. i hope it will end soon. >> he's not here just to have talent. the first home playing the accordian. he knows that because of his talent turkey's president gave him and his family what many want - citizenship, and with it the ability to work and travel. in this case to new york where judges spotted his talent. >> the play does not touch our heart. >> perhaps no one appreciates his accomplishments more than other ex-pats. >> his love of music brought him here. hopeful

they understand their audience, they know how to monetize on it, they know how to merchandise, and so bright future. >> and everybody loves a car wreck. you know, unfortunately. i but that's a lot of times why people -- deirdre: and i should just go over some stats. dale earnhardt jr., scotty you are a fan, is the sport's top earner, close to $24 million in salary. i mean, he has other endorsement deals, other licensing deals, but also most popular for the 12th year in a row. >> but he's not one of the best. again, his name, his father was a -- >> he was, he's a very good driver. deirdre: he seems to win a lot -- >> i don't follow the sport, but i know he's not at the top of the level. he's not the russell wilson of the nfl. he has a name behind him. danica patrick is a woman, so it's different. people are buying into ther is is -- persona. >> you also look at this, they're relatable. this is the one sport where these drivers can relate to their fans better than anybody else, and that's why they get paid these sponsorship deals, because they get out there with their fans. these guys a

monet david's is the only. she said that staff curry is her favorite player. the three-point comtesse, and are you picking handpam? doorstop is apparently going to be the new coach of the sacramento kings. up and down this entire sharks' season to nothing calgary the sharks are trying to get back in. sharks now 2827, as always who were asking people to treat us to tweak that's that's it for the kron 4 news at 11. stay connected with kron 4 and get latest news at kron 4 dot com. or download one of our mobile apps. we'll see you tomorrow morning! for over 60,000 california foster children nights can feel long and lonely. i miss my sister. i miss my old school. i miss my room. i don't want special treatment. i just wanna feel normal. to help, sleep train is collecting pajamas for foster children, big and small. bring your gift to any sleep train and help make a foster child's night a little cozier. not everyone can be a foster parent but anyone can help a foster child. piewp ♪ [ music ] ♪ >>> are you okay, bruce? >> bruce jenner speaks out. >> what he's saying to

can ibm monetize that or not? we're still kind of skeptical, but we're looking for some signs. >> you've got a neutral on the stock, correct? >> we do. >> which almost makes you positive. with the sentiment that there is. >> good point, but if you roll back the clock, in april we downgraded it from a bye. the stock was around $199. >> jim, good to see you, thank you. jim suva of citi. we were talking about ibm casually before the show. could not find a single person here who was positive this stock. why not? something has to happen, right? >> right. they haven't performed. it's a fabulous device. and yes, it is significantly smaller than when it was on jeopardy. they can basically put it in the size of a laptop these days practically. but whether or not they can monetize that is what remains. >> to me, watson is the story with ibm. and the question is can they monetize. >> elementary. >> funny guy. you should use that to make a living. the problem is, if that doesn't work, then all they have is they're buying back

the question is can they monetize it the same way. >> right.aking of rumors, i mean they also have to deal with the notion of apple coming in with hardware competing hardware of its own. >> right. >> we know camera on a stick, that's what we called it on the day of the ipo. at least that's what a lot of the bears called it. >> that's what they do well. apple can come in but doesn't mean they'll make a product as good as this. this is no the a flip camera. this is a discreet product different than others, something that you can -- >> i would be shocked. >> if they came with their own product. >> i would be shocked if apple did come in. they like to come in to markets that aren't well served. gopro did an amazing job this holiday season coming out with a high-end hero 4 plus camera professional grade, mid-range camera not just a dumbed down version of their high-end camera. they're strongly positioned. they've got margins. i'm curious if they can push into a market like chinap that has a lot of products but boy, they've done pretty well. >> but s

on pinterest the company has begun to monetize the site. they've started having some ads.you think that it can successfully transition from a scrapbooking site from lack of a better decision to a bona fide e-commerce site. >> it's got a shot. i keep thinking of groupon everyone thought would figure out local, it didn't. looked smart, didn't take. maybe not so smart since valuation is near 5. i was wrong a year ago i thought we were at peak consumer when whatsapp got that $19 billion offer from facebook. now we see snapchat -- >> lasts longer than you think. >> talk less about the consumer than enterprise. >> the enterprise cycle was starting and it was but consumer has continued to have momentum. it's an interesting conversation going on now that you started anew this morning talking about whether this is peak bubble kind of valuation wise dear silicon valley, here's your wake-up call. i feel like while it is getting kind of crazy out there, these are the top tier companies getting this crazy money. usually when at the peak, it's the also that gets ridiculous amounts of mo

we don't try to monetize the information you store on your iphone or in icloud. when we ask you for data, it's to provide you with better services, and even then you have a choice. you're in the driver's seat on how much information you share and when you want to stop sharing it. we set the industry's highest standards, and we are deeply committed to living up to them. today, so much of our information is digital. our memories of family and friends, and our photos and our videos. our medical history and our financial transactions. our most private conversations at home and at work. this comes with great benefits. it makes our lives better, easier, healthier. but at apple, we have always known this also comes with a great responsibility. we know hackers are doing everything they can do to steal your data. it's why we've used all the technology at our disposal to create the most secure devices and the most secure systems that we can. in 2013 more than 13 million americans were victims of identity theft which is now one of america's fastest growing crimes. in in the

still, there are the potential partnerships, monetizing through potential sales of the spectrum. we still believe that building out the network is the least possible path here. but i think the results of what the last auction did was reshuffle the deck and we think dish has become much more attractive as a potential partner to maybe t-mobile or even sprint. i still believe there are a number of options here as a result of this spectrum acquisition, pardon me. >> yes, alex sherman, let me bring him out, who covers deals as well as anyone. i wonder, does this make them a likely acquirer, acquiree, partner? >> i think dish has always wanted to be an acquirer or partner. that has always been charlie ergen's strategy. and partly why he renamed himself ceo today. he has been behind the scenes, orchestrating the strategy of dish. now that they have this accumulated storage of wireless spectrum, it is time for phase two. it is time for the reveal. of course dish tried to buy sprint and it did not go anywhere in 2013, but now the time has come again where they will likely make their next

not only how you monetize it. take somebody like the grand budapest hotel.derson had issue that all over the world, primarily in london and la.a. using cloud-based technology -- really incredible technical accomplishment. "birdman" -- i'm here in mexico city. they are so happy for alejandro . if you have seen it, you would notice it looks like it is one take, one continuous film but it was tracked over multiple tracks. that is the kind of thing that is happening with media technology today. >> let's back up and talk about how that process is very different. what is happening right now with how it is being shot? we know what the films look like and what the directors like shooting that. what happens to the content then? >> that is the interesting thing. that is probably the most significant change in the business model. what happens after -- marking it, tagging it, making it available to distribution challenges globally and easily, etc. how the business model has changed fairly significantly. the digitization of the file records coming off of the camera and i

it has been trying to monetize launching a discover product that enables users to's need different forms of news media and hope to operate on a more traditional advertising model that is different than twitter and facebook where it is more targeted and focus on the specific demographic of the user. we will see whether or not the advertising revenue turns into some natural monetization for this company. if, fingers crossed, they disclose the financial potentially in the form of an ipo that is coming from a distant ipo reporter. lex a great one. thank you very much. -- >> a y great one. we will be right back. ♪ >> i am cory johnson, and this is bloomberg "west." gray's will svitek's request for a six-month loan extension tomorrow, a day later than originally land. time to work out the deal of the family of the $4 billion rest plan set to expire at the and of the month. the french automaker has posted its first annual product in three years offering a little over a billion dollars after they cut investment and factories. also hoping the company sells cars outside of the saturated european m

now, we are starting to see how the company visualizes monetizing snapchat. they are showing adverts. disappearing adverts are starting to be seen that you can opt out of. it is also about content. they have this face that you can get called discover. you can watch content from yahoo!, cnn, espn, comedy channel, but they also have their own bespoke channel. it is called the snap channel. they are getting exclusive content. they have "literally can't even." it is a comedy. they have the daughters of steven spielberg. white media is releasing some of their inside scoops exclusively to snapchat. and madonna to have her video exclusively on snapchat. this is where the money starts to come in. this is why it is potentially worth a whopping $19 billion. jonathan: let's get the investor take on that. we are joined by james bevan. james, i remember you coming in the morning facebook paid $22 billion for whatsapp. we talked about how crazy this all sounds. would you invest in something like this? guest: i would make two observations. the price tag has been knocked up

not only how you create content today, but how you optimize and monetize it.takes somebody like the grand budapest hotel, wonderful winners last night, west anderson had to shoot that all over the world, primarily in london germany, and here in l.a., using cloud-based collaboration for editing and distribution and marketing the content, management, really incredible technical compliments. that is one example. bird man, i am here in mesko city the day after the oscars. they are so happy here. think about the complexity of that movie. hopefully you have seen it. it looks like one continuity's som but was shot over multiple tracts. they give it the illusion as though it was one story. that is the kind of thing happening with media technology today. classless talk about the cloud and how that process is very different. what is happening right now as it is being shot? we know what a movie set looks like and what the directors look like shooting a stuff and in the stuff comes out of the camera angles off that camera in a digital format and then what happens to the c

social network score helps athletes large and small build and monetize their digital brand while givingrect access to their favorite stars. joining me is brian and legendary quarterback brett favre. guys, great to have you with us. >> thanks for having us. >> thank you. >> brett, we are sorry that you couldn't be here in the studio with us. we understand the weather got the best of your travel plans. what attracted you to score. >> first and foremost, brian came down probably four years ago and made a proposal. we really hit it off right away. i liked his idea. couldn't tell you if it would take off or not, but i thought it was a great idea that could enable the fans to be up close and more personal with athletes and kind of get a perspective from the athletes' point of view. maybe a picture of you riding on a bus to a game or what a pregame maeal looks like prior o a championship game. there's endless things that can be done with the website, but that's to me what was kind of intriguing. >> brian, where does score fit in this a landscape where there is twitter and facebook and instagra

. >> monet davis continues to stay busy. she was at the newseum in washington, d.c. today as a panelist for the project play summit. she was one of a handsful of young athletes speaking about giving children access to early positive experiences in sports. now, of course monet gained national attention last summer when she became the first girl to earn a win and pitch a shutout at the little league world series. also featured on the cover ofs is "sports illustrated" and donated her jersey to the baseball hall of fame. >> i don't know what i would be doing if it wasn't for sports. sports pretty much helped my life develop. >> have to add she's also an honor student. she said better confidence and self-esteem are the biggest reasons why more young girls should become involved in sports. >>> speaking of baseball we're taking you back to spring training. see what the phillies are doing down in florida. the knew rules that let local drivers go faster without breaking the law. >>> take a look at this storm system. it's huge and part of it is headed our way. it could prove t

there is a path to monetization. if you want to play this area, there is one way that i always look to which is silly ctil sit valley bank. >> i think if these companies come to market to the public markets here, since ali baba went public, what has google and facebook done? they have basically flat lined. $215 billion worth of ali baba in that time period. so all of a sudden if you have these crazy valuations that will come to market, they could put pressure on public -- >> let me ask you this, though. did you think it was overpriced? >> i still do. there are no revenues. why does twitter as a public company that actually has revenues growing pretty substantially have less of a market value than apuber and has slightly more than snap chat? that makes no sense to me. so this is a massive risk to this market. private valuations continue to go up, if they come to market, the market is really going to be in trouble. >> and the issue here also is that this isn't a two way market. this this is a one way market. only folks

. >>> five paintings from the painter claude monet are going under the auction hammer. >>> the winners of an international music competition for young people performed at new york'snew york's carnegie hall on monday. the most remarkable honor came from a young syrian musician. kristin saloomey has the story. >> 18 months since his first piano lesson. to be one of 50 children chosen to perform here. his family fled syria's civil war. >> there's been a lot of kids like me, maybe dying or because of cold, or because of bombs, i don't know. and i am not very happy for that. i'm sad for that. be i hope this will end soon. >> reporter: he knows he's lucky, not just to have so much talent. first playing accordion in the sakassian language. but first citizenship and the ability to work and travel. in this case, new york where judges spotted his talent. >> musicians they play and perform their music and they don't touch our heart. >> perhaps, this expresses himself more than syrian ex-pats. >> under those horrific circumstances to aspire to and just to find -- find hope. >> he knows he needs mo

facebook's case it had a great 2 q in '13 and could monetize mobile.what we pointed to are the business development deals, the automatic maus. if you see that start to hit not only impact on the top line monetization but maus inflecting as well. >> we'll see what happens with earnings. bob peck thanks for joining us. to jon fortt with a look at what's coming up next on "squawk alley". >> we'll look into why google and uber seem to be getting into each other's faces and maybe a bad way. sap founder hosele plotner to talk s 4 and 3d printing stocks blowing up in a bad way. we'll take a look at why coming up on "squawk alley." your mom's got your back. your friends have your back. your dog's definitely got your back. but who's got your back when you need legal help? we do. we're legalzoom, and over the last 10 years, we've helped millions of people protect their families and run their businesses. we have the ri t hasso plattner, 3d 3d, hasso hasso plattner, 3d 3d, hasso . >>> three days to go until the big jobs report. that means another opportunity for y

the five paintings by the artist monet are auctioned and will fetch $105 million and the most covetedce painted in 1908 when monet visited venice and said it was too beautiful to be painted and expected for $45 million. what paved the way for modern democracy in the u.n. is celebrated and this year is 800th anniversary of magna-carta signed and we report. >> under 4,000 words long each one written on a single sheep skin medieval latin and delicate and incomprehensible to most of us but clauses that are revolutionary and continue to shape our notion of democracy and justice. 800 years later these originals lie together at the british library for the first time. >> it was very radical to use a written document to limit the power of the king. and magna-carta has become a charity that people looked back to as a defense against arbitrary rulers and at the heart of the fame today. >> reporter: it was agreement between the england king john and rebillion and forced him into it and angered of high taxes and unsuccessful wars and they wanted to limit his power. it was here near windsor castle

more as a way to invite traffic to their devices, and less about monetizing content. i think anybody who's trying to value go pro on a media strategy doesn't fully understand the story and should really look at this as a hardware play. but i'll leave it at that. >> let's talk about china. it seems that they could be gearing up to launch this new camera device in the first half of 2013, is that going to be a problem? >> there are checks to indicate xiaomi was doing something, that looks awfully like a camera. one thing we think xiaomi has going for it is it's got a really great user base. a really good following in china, and other asian countries. >> we think xiaomi -- they will have a very good shot at taking big share. the other reason why i think xiaomi's camera is going to cost you $100, $150, and go pro's cameras cost $300. i think this puts a kabosh on go pro. >> we had one of your competitors on earlier this week and he talked about the fact that there are a lot of add-ones. let's call it the doggie cam. that's where the growth is going to be coming from. where

i they've been monetizing really well. the whole team on the revenue side has been great. i think it's the users and frankly the logged in users. they can tell the logged out user story all they want. when you can target and know exactly who is seeing the content, you're probably going to get a higher cpm down the road. i think people want to see engaged active users, that number growing. until they can give us something better -- >> they have them at 288 million monthly active users. up from 284. to me, what if it's zero. what if they come in flat? i can't imagine what the stock is going to do if they don't add any users. it's pretty tight. >> it's going to be interesting to see what happens this week. of course, they are a big revenue stream for companies like google, microsoft and amazon, now they might be finding ways to prevent ad blocking. the ft is reporting they have been quietly paying ad block plus. interesting that we've seen technology work in the favor of the consumer so many different ways. hopper, now this. >> they're finding ways to get around the things th

the young guys and girls, when you look at the african american jackie robinson west programme and monet david. it was a positive story, at a time in the united states where participation among young african men's, whether in urban, suburban or rural areas was on the decline. it was a positive recruitment tool to reach and engage talent young men and women. hopefully it will not be a step back but a stepup for success within the african american community. they are talented young guys and girls there. let's talk about sports. there's controversy in the news surrounding deflate gate. we have major league baseball, the steroid issues. are you concerned that we have gone too far at all levels of sports in this need to win at any cost? >> you know i think that's a great question. and i would make the distinction. if we had a 12 or 13-year-old player failing a test for performance enhancing drugs. there would be more of a causal connection there. you could go back to roman gladiator days with match fixing. in the context of sport, as much as i hate to say it cheating or bending the rules has

the first, monetizing your skills outside of a 40 hour work week. >> time for the small busiss spotlighght. this week, how many people are using their skills outside their day jobs to add to their resume, supplement their income, and makeke the most of what they know? for many, one job is no longer enou, and freelancing contract work ctinues to grow. smalall business expert ebong eka lets you know what you nee to have a booming sideline small business. wh is a sideline business, and who can participate? >> b basically, you are becoming a freelancer. a t of people are noticing the trends in thjob market. people are workiking more jobs and making less money. people are s saying, how can i suppleme my income with a side hustle? how do th do itit in good conscience? if you hava day job, aren't you cheatingng on your boss if you are selling the same skills toto others aftfter houours? >> that is a question a lot of people struggle withth. say you work for a a photographic design firm. that is a little different. if you do graphic design withinin a company for other people, that is a little diff

and paintings by the artist monet is being authored and will fetch many millions. >> mon ark visited, and said it was too beautiful to paint. expected to go for 45 million. >> an historic document paving the way. on the way to the general public. >> it marks the 800th anniversary of the magna carta. >> simon mcgregor wood reports. it's under 4,000 words long. each written on a parchment, invisible to most of us but containing clauses which were revolutionary and continuing to shape our notion of democracy and justice. 800 years later they lined together at the british library for the first time. >> it was radical to use a written document to limit the power of the king and magne carta is a charter that people have looked back to as a defence against arbitrary and tyrannical rulers. that's at the heart of the fame. >> magna carter is an agreement against king john and his rebellion. his policies of high taxes and unsuccessful wars - they wanted to limit his power. >> if you are near windsor castle. kingon was finally and reluctant to put his royal seal of approval on the magne carta, a

monet monet. monet. give her a stand. all right. her question was what was the greatest accomplishment to become a senator. one of the things i told monet, i needed more role models. one of my challenges was where i find myself today, there weren't a lot of folks who did what i've done. i found a lot of folks who created a path for me to walk on. i don't believe in overnight success, and i don't believe in self-made people. doesn't happen. every single self-made success had a lot of people helping them out. i am not a self-made person. i have achieved because i put together the best team that was better than i am at something. surrounding yourself with the best most tal endedented people who care about you and your vision is so important even in high school. i'll say most of the people walking with me today on this journey i met when i was 13, 14 15 years old. my best friends i've known for 30 plus years. you have people who care about you and the job. i'll tell you another thing i've told you too i believe. being an entrepreneur cr

same digital technology that demolished the economic model of mainstream news outlets struggling to monetizems allowed them to build virtual news rooms they share with others. picking the diminishing resources toot to do the work they used to do alone. and strength in numbers is paramount when investigating financial institutions the likes and scale of which the world has never seen before. >> once data used it was eye opening to me when i saw it. it was back in the mid '90s, morgan stanley the investment bank was the same size in terms of market capitalisation as dow jones, the publisher of the "wall street journal." fast-forward to today, and you take organizations, say, for instance goldman sachs, is 50 times bigger than the "new york times". there's a dramatic shift and power imbalance between the media and the institutions. it has an impact on the power relationship between the two sectors. >> and those two sectors can intersect at the highest levels. one of lamond's owners heads the les ard investment bank in paris, and criticized the newspaper for fiscal mccarthyism. another co-owner

the information can be stolen, monetized and we see victims as we've seen today. >> well, that's certainly lot of people's attention. mark bower with voltage security, we thank you. >> thank you very much. >> ifill: now, economics correspondent paul solman examines how viral music videos, television interviews, and good looks can boost a company's stock price. it's part of our ongoing reporting "making sense," which airs every thursday on the newshour. >> reporter: pop quizz. what do the following have in common? the 2012 hyper-viral video sensation, "gangnam style." the hottest, sexiest c.e.o.'s alive. the 2013 nobel prize in economics. to help answer that question, and a deeper one about the rationality of the stock market we went to the recent meeting of the american economic association in boston, where, among hundreds of presentations, one in particular had caught our attention. >> so you're gripping this horse, right? >> reporter: oh, the reins! that's the key equestrian dance move in "gangnam style," the korean pop video watched so many times online, now over 2.2 billion, that youtu

right now there's no monetization, but i wouldn't be shocked if they enabled monetization for contentuse that will enable more people to upload more original content on facebook. facebook is a place where a lot of people now are watching videos. vine as you guys know, people love just getting lost on vine and going through the vine black hole and finding 7 second videos easy to digest. >> do you have a role model at all? you're trying to become a taste maker, curator, music label, being a repository of talent going out to youtube. is it oprah, is it somebody else? >> it's my mom. that's my good answer. i love you, mommy. but elon musk is someone i look up to. i think he is a brilliant, forward thinking businessman. he started paypal way back when no one really believed and understood what the internet was and i love how he took that money and reinvested it into tesla, spacex, solar energy and more. >> have you met him? >> i haven't met him yet but i would love to meet you elon. >> do you think there's a type of content that is the sweet spot for millennials. one of our friends jon ste

and for technology you have companies that are now monetizing.u have things like airbnb and zillow that are actually cash flow businesses. so they're being fully priced but unlike 1999 and 2000, it's real dollars. >> mike, thanks for coming on. appreciate it very much. >> thank you. >> what do you think, weiss? >> i don't -- >> i think most of them are absurd to tell you the truth. they're not making money. here's what's happening, vcs like mike that get in early and another ruined ound of finance the big mutual funds that couldn't do this before and now buying the last round in facebook, in alibaba, in instagram. >> instagram has a valuation said to be $33 billion. under armor's valuation at last check was like $15 billion. >> makes no sense. absolutely no sense. so i do think it's a bubble in that. i don't think that as much as respect i have for henry he's not saying anything we all don't know. you don't know when the music will end. >> not a two-way market. that's also important to note. there's not supply out there and then die maemand. all

we saw snapchat trying to monetize through their channels.in will try to do the sameterest -- pinterest will try to do the same. the biggest are google and facebook. in display and video and social and mobile, what you see is -- last year our biggest media relationship was google. facebook last year was just under 60 $50 million -- $650 million. google became our biggest relationship -- >> which says what? >> because of video and mobile search. facebook should be considerably bigger with us and will be. >> these are big platforms. what will replicate an actual television event that will garner millions and millions of dollars of advertising? >> the life events to which you refer will ultimately migrate in some way shape or form to the other platforms. whether it be the olympics, the nba, the nfl, they are very long-term. if you notice that, the traditional rights holders want to control those rights. i'm on the board for formula one. the question is whether it be on -- >> one day we could see apple with gravity grabbed the sports rights. -- g

they need to focus on monetization and profits.e said, tumblr had to be sold even though they had potential. tumblr's annual burn rate was almost 50% of the entire fund. three exclamation points. how do you respond to that? >> we were making money. it is true we had a real burn rate. we would have been able to -- the options in front of us were raised what you would call a growth round, get somebody to cut you a big check. or go and find and acquire, take on the burn rate. until you cross over to profitability. >> what about user growth? give me some numbers in terms of where tumblr is today. how many blogs, how many countries? >> at the time of the acquisition, we were 100 million blogs. we crossed over 200 million blogs. we reach an audience now up almost 450 million people all over the world. >> you had 47.3 million monthly unique users in august. in may, it was 39 million. it looks like it has dipped. how do we make sense of that? >> we use them for our advertisers. they like to use it for comparative demographics. it is pretty

. >> organized crime and those who monetize medical information are attacking hospitals and doctors' offices. >> reporter: lute now deals with it every day, scanning hiss financial statements for signs of fraud. millions of anthem customers are now waiting to hear whether they, too, are vulnerable. kris van cleave, cbs news new york. >>> we're learning new details about the commuter train crash in new york city that claimed six lives. the train engineer saw the suv on the track hit the emergency brake, and sounded the horn. he said he saw flashing lights at the crossing and backed up. he assumed the suv driver would do the same but she didn't. >> the suv driver exited her car and walked to the gate. she touched the gate but not as to move it. the witness did not communicate with the accident driver. the accident driver then entered her vehicle and sat there for a moment and he described it as if she had enough time to put on her seatbelt. >> well the suv was inside the crossing gates for 30 seconds before the collision. >>> aviation officials in taiwan say both engines on the airline

yet the short-term monetized minds of the corporatists are bent on weakening, defeating diluting, diminishingcircumventing, co-opting, or corrupting all traditional countervailing forces that have saved american corporate capitalism from itself, its own excesses. for instance, regulation of food, automobiles, banks and securities, for example, strengthen these markets along with protecting consumers and investors. antitrust enforcement helped protect our country from monopoly capitalism and stimulated productive competition. trade unions enfranchised workers and helped mightily to build the middle class for themselves, benefiting also non-union laborers. producer and consumer cooperatives helped save the family farm years ago, electrified rural areas, and offered another model of economic activity. civil litigation, the right to have your day in court, helped deter producers of harmful products and brought them to some measure of justice. at the same time, the public learned about these hazards. through disclosure in courts of law. public investment, from naval shipyards to pentagon drug disc

the mimilitary monetization commissi reported its findings lalast week. the highly anticicipated reporort was produced by a nine-membeber panel, a sout toresee thall volunteeeer force, make retirement pnning more flexible, and take some mone it suggested replacing the current retirement plan wi it or a one k sings plan, and allow those who served to draw attention even they do not stay in uniform 20 years. they support abolishing the tri-care insurance pamrogram. congress was looking for ways to reduce rising pesonnel costs couming largeshar of a flat dod budget. dod would share less t than $2 billion a year. the investigation now has 60 days to determine whether to embrace commission recommendations and advise congress accordingly. congress submitits a defense budget reqst to congress. to discuss the military compensation report, catherine kidder, who recently co-authored a primer on military compensation j davis, a spokesman for the veterans of foreign wars, one of the leading military a advocacy groups, and mackenzie england -- eglan n of the american

he was named mvp of the game but that didn't stop monet fromw mo'ne from taking him to the hoop. >>> last night the flyers started a stretch of four games against smfr the worst teams in they had to win last night in columbus. scott hardnell down in the game. wayne simmons, take a look at the rebound. wayne train. the blue jackets, only team that hadn't won a game when trailing into the third period until last night. at kin atkinson ties it at three. the flyers lose 4-3. they got a point but let another point get away again. >> the last two games have been embarrassing the way we lose these games. >> they are not happy, they've lost six straight at columbus. >>> on to the nba all-star weekend in new york two sixers participating in the rising stars challenge. sixer mcw had to back out. covington took his place. nerlens noel right here six points for him and covington follows his own miss. two points for bob. the u.s. did lose to the world. the pride of the taney dragons, 13-year-old mo'ne davis playing in the celebrity game last night, philly versus philly she goes head to head with

you can add curry to the list of monet davis fans. he met her and asked for her autograph. monet who hopes to play basketball wore a curry jersey and got to take practice shots. >> he's my favorite player. his playing style is one of the best in the game. pretty exciting. i wasn't really paying attention when he first came out. but it was nice meeting him. >> she's a lovely young lady. she's from philadelphia. besides having talent in several sports she's an honor roll student and was named sports illustrated sports kid of the year. >>> the lights are back on for people in the bay area who lost power during the weekend-- weekend storms. the weekend storms knocked out power to nearly 163,000 customers. we spoke with pg&e this morning and they tell us all of the storm-related outages have been restored. some say the outage was an inconvenience. others found a way to make it fun. >> it was fun. we had -- having dinner by candlelight, wine, dinner. >> not too bad. the hardest hit areas were the north bay and peninsula. pg&e brought in crews from oregon, washington, and arizona.

introduce new services new tools for developers so they can better understand their users, better monetize their apps, and also it's expected that she's going to make news about the mobile ad technology. remember yahoo controls 4% now of the mobile ad market according to e-marketing. compare that to rivals, 35 % for google and 17% for yahoo. look at the stock. still in the green over the past 12 months but down sharply from that recent high in november. i'm going to head inside right now, and listen to mayer and brain you headlines as they cross. back to you. >> thank you, josh. >> another huge story today, and that would be? >> walmart, they address everything today from the port problems out west to the minimum wage, all on earnings day, a day in which they beat estimates. shares were clie es sent earlier, and so far, up 12% over the past month, but today, down about 2.5%. carl sat down with the walmart's ceo earlier today, and courtney reagan breaks down the numbersing and kate rogers looks as how raising the minimum wage stacks up against the rest of the country. first, though, let's g