talking about strategy, what is next for the murdoch sacco they've sold off so -- murdoch's?o much, and now you worry about the next generation and what they will do with those billions of dollars. what kind of investments? you can find more stories on businessweek.com. our dailyck out business week podcast. subscribe at itunes, soundcloud and bloomberg.com. carol: more bloomberg television starts right now. ♪ i'm a veteran and the army taught me a lot about commitment. which i apply to my life and my work. at comcast we're commited to delivering the best experience possible, by being on time everytime. and if we are ever late, we'll give you a automatic twenty dollar credit. my name is antonio and i'm a technician at comcast. we're working to make things simple, easy and awesome. >> welcome to daybreak australia. i'm haidi stroud-watts in sydney. >> i'm sherry ahn. >> i'm sophie kamaruddin and hong kong. we are counting down to the asian market open. haidi: haidi: the stop stories we're covering. haidi:stocks set to rise as wall street surged to a 10 week i. the kiwi is down

where the murdoch empire goes after the merger.ll: canada's justin trudeau keeps tripping over himself. jason: this is "bloomberg businessweek." ♪ jason: welcome back to "bloomberg businessweek." i'm jason kelly. carol: and i'm carol massar. join us every day on the radio from two-5 p.m. wall street time. you can also catch up on our daily show on itunes, soundcloud, and bloomberg.com. jason: and find us online. in the business news, rupert murdoch sells most of his business media empire. the sale to disney is coming soon. carol: the murdoch family fortune is about to balloon. jason: our reporter tells us what to expect from rupert's next-generation. >> the question was whoever would take over rupert murdoch's empire? and looking at this, it is this great bit of a state planning. so rather than give the keys the -- keys to the empire to one of my children i will sell most of , it to disney and the that position them to build their own empires. once this deal with disney closes, and it's getting pretty close, they will have a huge a

carol: the murdoch family fortune is about to balloon.orter -- our reporter -- jason: our reporter told us what to expect from rupert's next-generation. >> the question was whoever would take over. and looking at this, it is this great bit of a state planning. so rather than give the keys the empire to one of my children, i will sell most of it to disney and that will position them to build their own empires. once this deal with disney closes, and it's getting pretty close, they will have a huge amount of money to play with. carol: how much? >> about $12 billion will be coming out to the family. so they will be pretty well-positioned. carol: three siblings. felix: there are three siblings from his second marriage. and elizabeth., what kind of very much people are keeping an eye on. -- it is very much what people are keeping an eye on. it is kind of fascinating. from the start, he positioned auckland to take care of fox. it is still a third of the size of the previous company, but it will probably grow. i mean, they have said that we will

so you mentioned rupert murdoch. rupert wanted to build a company.ssion for what he has done. he almost lost his company when he was in school in england and his father died and they tried to take his family company. he remembered that. but he wanted to build something. ted turner wanted to build something. and so only you are interacting, craig mccaw, was in cable, radio, television. they were willing to do that all up for cellular. you wanted to find that individual who had passion for what they were doing. and if you believed in them, finding great people and backing them is obviously one of the great decisions. and so bringing capital to them, they might be low rated. and there were only 500 companies in america rated investment grade. so you can imagine, i am am coming to wall street. i have millions of companies. and everyone else is focused on 500. and those 500 don't create jobs. david: did you ever have somebody come to you if you did not finance them and they turned out to be successful later? did that ever happened, or? michael: i'm sure t

to sort of bricks and support each defacto coup attempts in venezuela but according to the latest murdoch sunday times british ground troops have been sent to syria despite elected m.p.'s voting against but aside from the russians turks and iranians one force has been key in battling isis dietician al qaeda lebanese party has bulla even time warner c.n.n. used to accept this yes it's just a man on a hill but that even let us film it was pretty remarkable hezbollah are the most secretive of militants but the u.s. government still lists as a terrorist organization taking journalists on a victory lap they say they've routed hundreds of al qaeda linked syrian militants the nusra front yes us mainstream media covering as well as victory against the al qaeda linked al nusra front which the u.k. state mandated b.b.c. expose is linked to british funding yet what happened this week to reward has been a de facto fighting with britain against terrorism now russian government is moving to ban all when's of the lebanese group has being what it describes a terrorist organization to the news surprise qa

theme there she wanted us to look at how she sees this as a tool of war and this is a country on a murdoch and she's speaking to us from the hague. yemen promises to be the most severe famine in living memory documentation supports thousands of repeated strikes and agricultural areas fisheries markets factories and water infrastructure this is in addition to the sieges and blockades salaries going unpaid for years and extreme inflation these are the methods of warfare seemingly in play in yemen there is little doubt that these mass atrocities masquerading as natural disasters should be investigated and placed within the republic of international criminal so are fresh he mentions them in there and as we've already you confirmed this is not a famine but using it as a tool of war using it as something that should be within the the bru britches that is our international criminal law where you make about. i disagree with the notion that. there is not famine in yemen i think that it is a famine it's under way. and i think this might i mean we can debate this but i think. strongly that they are p

when they did, it was extremely damaging to rupert murdoch.t basically thwarted his event to buy the rest of sky. it had a real damage. the fact that jeff bezos is behind this helps this jump over the years and years it took for the phone hacking scandal to explode. this is now going to be front and center and going to be investigated very thoroughly and could be very damaging to ami, put also have political ramifications again for the white house and for anybody who is involved, a supporter of president trump, who tried to facilitate and make this happen. emily: bezos is trying to figure out just exactly how "the national enquirer" got his texts, these exquisite photographs. ami saying american media believes fervently that it are lawfully at the time of the recent allegations that it was in good faith negotiations to resolve all matters with him. the board has convened a determined it should promptly and thoroughly answer the claims. certainly of all of this is true, it cannot be mistaken as journalism. but it is also an interesting here, fo

something murdoch says he is willing to do.etwork was similar to ted turner starting cnn. it's ridiculous. what does he know about television. >> there's no question we have inferior line-up of stations to our counterparts. >> they had an idea that order to succeed, we had to do things they would not do. >> fox started throwing anything against the wall not knowing what was going to go. first shows were things like 21 jump street. >> what are we looking for here. >> joan rivers in terms of late night. >> we have been banned in boston which is wonderful. and the tracy almond show. >> oh, please. >> it was a sketch show and they needed something to go between the sketches. again they were looking for something different. >> i've got to have those candy bars. >> better not be thinking of stealing those candy bars. >> that's it. >> the simpsons would never have come along had it not been for the tracy ulman show. >> ultimately crime hurts the criminal. >> that's not true, mom. i got a free ride home, didn't i? >> fox was thrilled t

joining me two of my favorite contributors on this, fox news contributors, doug schoen deroy murdoch.entlemen, doug, let me start with you. >> sure. charles: maybe i'm naive, i'm kind of optimistic that tonight we'll have a positive tone to it. >> well, i got a couple issues. first, excuse me, it disturbs me chuck schumer would attack the president before the speech without seeing it, i agree but the president, on the other hand, i don't think the way to bring bipartisanship in, continuing to go it alone on the wall which is what i think we'll hear tonight. i'm all for bipartisanship. you and i agree. let's hope your optimism is rewarded. >> go alone, i don't understand. he made compromises in the negotiating process. nancy pelosi didn't budge. she went from a dollar to a dollar. >> i understand that. he had whole year-and-a-half of republican control, to have gotten one of those compromises done. i think schumer once said, the president's promises were sort of like jell-o. charles: what do you think, deroy? >> i think one of the best things president can do, give the democrats a bear

helping me to break it down, deroy murdoch and tee anna lowe. i will start with you, this "gallup poll" jumped out at me, under 30, 62% say things are better. under 25 say things are worse. that is constituency -- >> that is massive issue of student loans whether or not that will become a bubble. right now it is pretty insular. it is not having a reverb a tiff effect in the economy. they are benefiting from the gig economy. many of them who wouldn't want to admit are benefiting from the trump administration deregulation. latent effects are less pronounced. we obviously have an extremely tight labor market and the highest labor force participation rate in decades. charles: deroy, it is, it is just, it is absolutely remarkable. it is, i think two things for me is that how long it has been going on, you know. i talk to economists all the time and they have been talking late cycle for two years and employment number will peak and should have peaked. instead 300,000 jobs created in december, january, rather. 7.3 million jobs are open at this moment.

carol: this week, what rupert murdoch plans to do after they sell out to disney.ans to create the world's largest home living operation the world has ever seen. carol: trouble building homes for low-income residents of new orleans.

and i'm taking orders from the murdochs, is that what you're saying?at directly. it works by you taking their dirty money, it's as easy as that. you're a millionaire funded by billionaires, that's what you are. >> -- moron -- >> it's true that all the anchors on fox, they're all millionaires. >> and things pretty much fell apart from there. so, obviously, it never aired on trump tv, it was a pre-recorded interview, which you can just throw in the trash if you don't have the guts to interview someone live. bregman released his recording of the interview. carlson did address it. quote, there is some profanity and i apologize for that. on the other hand, it was genuinely heartfelt. it meant it with total sincerity. >> so, i mean, you're probably not going to air this. >> i doubt that. >> but i went to davos to speak truth to power and i'm doing exactly the same thing right now. you may not like it zpl-- >> hold on. >> -- but you're a millionaire funded by billionaires and that's the reason you're not talking about these issues. >> but i am talking about t

what it points to is the power that rupert murdoch potentially has, because we don't know what would turned on donald trump? this would be like king kong versus godzilla. we don't know who would win that fight. i think kirsten may be right, that trump would win, but it's far from certain because fox news has a very devoted base of their own. so if they turned against them, that could actually imperil his presidency. and clearly he thinks that fox news has leverage because he is very, very eager to propitiate fox news. and that would be fascinating, what would happen if murdoch were actually to turn on him, which i don't necessarily think is going to happen. but if it did, fascinating thought experiment. what would the fallout be? >> max boot, thank you kirsten powell powers as well. i want to check in with chris and see what he's working on for cuomo primetime at the time of the hour. chris? >> we're taking a look at this national emergency declaration from the political perspective. we're going have a member from each side, a democrat who wants to stop it and a republican who thinks

carol: this week, what rupert murdoch plans to do after they sell out to disney.plans to create the world's largest home living operation the world has ever seen. carol: trouble building homes for low-income residents of new orleans. jason: we begin with a long reach of the last economic

barry: rupert murdoch amen, and at the same time -- came in, and at the same time, i had always beennterested in the idea of a fourth network, so again, sam typically -- sandip b -- so again, one suddenly, he was passing through los angeles, and i said to rupert, why don't you buy television stations and by a fourth network -- buy a fourth network? he was a gambler, with nothing to back it up, said yes. costd they are going to $200 million. he said that is ok. not more than one hour later, we shook hands with him. david: more building the fourth network, and people thought you were crazy, but you did it. and then you decide to leave? barry: i got to the point, 49, and i said i have certainly been successful, but none of this is mine. yours. nothing is ever i went to rupert, and i said i want to be a principal, and rupert said "there is only one principle in this company. that's reality." and i went away thinking, oh my god, what a terrible, harsh thing to be told. now, i have to actually either decide that i am going to act on it or not, so i left. david: you had been successful at e

theme there she wanted us to look at how she sees this as a tool of war and this is a country on a murdoch and she's speaking to us from the hague. yemen promises to be the most severe famine in living memory documentation supports thousands of repeated strikes on agricultural areas fisheries markets factories and water infrastructure this is in addition to the sieges and blockades salaries going unpaid for years and extreme inflation these are the methods of warfare seemingly in play in yemen there is little doubt that these mass atrocities masquerading as natural disasters should be investigated and placed within the republic of international criminal so our russian mentions famine there and as we've already confirmed this is not a famine but using it as a tool of war using it as something that should be within the breaux bridge she says of international criminal law where you make about. i disagree with the notion that. there is not famine in yemen i think there is a famine it's underway. and i think this might i mean we can debate this but i think. strongly that they are powerful state

to sort of bricks and support each defacto coup attempts in venezuela but according to the latest murdoch sunday times british ground troops have been sent to syria despite elected m.p.'s voting against but aside from the russians jokes and iranians one force has been key in battling isis station al qaeda lebanese party has bulla even time want to c.n.n. used to accept this yes it's just a man on the hill but it even let us film it was pretty remarkable hezbollah are the most secretive of militants but the u.s. government still lists as a terrorist organization taking journalists on a victory lap they say they've routed hundreds of al qaeda linked syrian militants nusra front yes u.s. mainstream media covering as well as victory against the al qaeda linked al nusra front which the u.k. state mandated b.b.c. expose is linked to british funding yet what happened this week to reward has been a de facto fighting with britain against terrorism now. banned all when the lebanese group has being what it describes a terrorist. and i say to the news surprise qatar funded al-jazeera qatar after all

sort out breakfast and support each defacto coup attempts in venezuela but according to the latest murdoch's sunday times british ground troops have been sent to syria despite elected m.p.'s voting against but aside from the russians jokes and iranians one force has been key in battling isis station al qaeda lebanese party has bulla even time warner c.n.n. used to accept this yes it's just a man on a hill but the dead even let us film it was pretty remarkable hezbollah are the most secretive of militants but the u.s. government still lists as a terrorist organization taking journalists on a victory lap they say they.

i have just seen rupert murdoch and jerry hall going on, james gordon hasjust gone into the gig hereh the 0scars. queen are onstage, because bohemian rhapsody has been such a box office hit this year. will gompertz has been taking a look at the other films that are well nominated this year, and some of the issues that the oscars have experienced in the run—up to the 9ist experienced in the run—up to the 91st academy awards. the winner is cecil b demille... it's 1953 and the first televised 0scars ceremony, the annual awards presented by the academy of motion picture arts and sciences — which won't be winning any prizes for the way it has handled this year's tv show. i thank you. what with host kevin hart quitting after past homophobic tweets came to light. and then there was a botched attempt to create a best popular film category, followed by an ill—fated plan to bury the cinematography award in a tv ad break. added to which, viewers are switching off in their millions. i think that the academy took some ill—considered decisions this year, and i think that there will be a price to p

impact on voting perceptual because in the media every in this week in the past twenty four hours the murdoch times poll is claiming eighteen percent will vote for this independent grouping which isn't even a political party in parliament the blairite sort of labor. when the nation we had a split like this back in ninety one when i read that in about twenty five diagram create b.s.t. paid within a year bad a poll rating of fifty percent a year later virtual written off their seats and once you hit and that should people be saying well how can you have labor people in a new party with these tories who destroyed so much of our way of life i was quite pleased to see. he's leaving the party because i never thought of them as labor i'd be quiet to see a few more go as well say that the the dories would deny that the cuts were bad in fact they were proud of the cuts that were made and after all it was a majority that abstained famously when harriet harman was acting. leader of the parliamentary party and welfare cuts and austerity was all and that was what triggered the surge of support for jeremy

at three, one snp member was literally falling over herself to shut down conservatives murdoch fraseraisles. at two... i think it is my turn this time. ..two senior peers clashed over who had the right to speak in the normally genteel house of lords. order. the house will hear from lord cormorant. but proper behaviour was $0011 restored. and at one, it is notjust westminster which is rowdy, brussels is too. scottish mep david coburn was told off for heckling. but the chair had a reminderfor him. this is not the house of commons, colleagues, this is the european parliament. gary connor there. and that's it from me for now but do join keith macdougall on bbc parliament on monday night at 11 for a full roundup of the day here at westminster. but for now, from me, alicia mccarthy, goodbye. hello. friday was another day with severe transport disruption due to heavy snow. it was across central and southern england that had the worst of it, particularly stretches of the m3 towards the basingstoke area. we also had troubles around the m2 in kent as well late in the day. some of those problems

at three, one snp member was literally falling over herself to shut down conservatives murdoch frasers my turn this time. ..two senior peers clashed over who had the right to speak in the normally genteel house of lords. order. the house will hear from lord cormorant. but proper behaviour was $0011 restored. and, at one, it is not just westminster which is rowdy. brussels is too. scottish mep david coburn was told off for heckling. but the chair had a reminderfor him. this is not the house of commons, colleagues, this is the european parliament. gary connor there. and that's it from me for now, but do join keith macdougall parliament on monday night at 11:00pm for a full round—up of the day here at westminster. but for now, from me, alicia mccarthy, goodbye. hello. nowhere near as cold as monday begins compared with recent mornings. that's a trend that continues as we go through the week. still some around in northern scotland. quite a few centimetres into the hills here. ab a little bit too lower levels in places, slowly fizzling during the day. overnight wet weather clearing all but

theme there she wanted us to look at how she sees this as a tool of war and this is a country on a murdoch and she's speaking to us from the hague. yemen promises to be the most severe famine in living memory documentation supports thousands of repeated strikes and agricultural areas fisheries markets factories and water infrastructure this is in addition to the sieges and blockades salaries going unpaid for years and extreme inflation these are the methods of warfare seemingly in play in yemen there is little doubt that these mass atrocities masquerading as natural disasters should be investigated and placed within the reprieve of international criminal so are fresh he mentions famine there and as we've already confirmed this is not a famine but using it as a tool of war using it as something that should be within the breaux bridge she says of international criminal law where you make about. i disagree with the notion that. there is not famine in yemen i think that it is a famine it's under way. and i think this might i mean we can debate this but i think. strongly that they are powerful

his family and what he did for a living it was not until a lot later that he asked him about the murdoch. at a you know often what occurred. when they arrested tossed kiba the police found a suspicious looking object on him that matched the victim's injuries. and new developments were covered extensively by the newspapers. when a forty centimeter long triangular iron ruler was found in his clothing our ever get not told the suspect outright that he was the culprit in the early morning hours keep bombing to confession he had no other choice and i've now heard everything he needed material evidence witness testimonies and a confession. you know what i am committed to show he had the jovial nature you'd associate with someone weighing one hundred thirty pounds i know he'd make suspects feel completely at ease and treat them like he was their dad first to talk about something completely different before coming to the crime itself todd's asking what it had felt like and whether the individual might like to relieve themselves of their burden as john nash done some by she was a master of psycho

carol: this week, what rupert murdoch plans to do after they sell out to disney. to create the world's largest home living operation the world has ever seen.

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carol: this week, what rupert murdoch's kids plan to do after the media mogul cashes out to disney.ans to create the world's largest home flipping operation the world has ever seen. carol: trouble building homes for low-income residents of new orle

joining me now to debate, fox news contributor deroy murdoch.rtin unfiltered host, roland martin. let me start with you. i'm surprises three democratic candidates jumped on board. >> we made mistake automatically jump to the cost, why you're even having conversation. when you talk about this year, commemorating 400th anniversary of 20 african-americans arriving in virginia, look at american history, goes back to general sherman and special order 15. 40-acres and mule rescinded after lincoln was killed. that was an effort to distribute land to freed slaves never passed by congress. this nation has always used free labor african-americans to build the country but has never dealt with reality of preventing black folks being part of the economic system in this country. those are facts. charles: deroy? >> well here is the facts. slavery ended 154 years ago. a long, long time since we had slavery in the country. people came to the country, great wave of immigrants, 1hundred, 1900, they will be shocked and disgusted come through people come from poland

fox news contributor deroy murdoch, democratic strategist, jon some us earnings and tiana lowe.o far most of these democratic candidates, i'm democratic socialist, major role of government redistributing funds? >> i think it's a big deal last night, amy klobuchar on cnn was saying that she is not focusing on just redistributing problems, rather than looking at actual price tags and things that are making college so expensive, pharmaceuticals so expensive. that is something that sort of differentiated her of the pack, how we use other people's money to pay for these issues. bernie sanders is touting effectively another death tax. elizabeth warren is touting a wealth tax that may not be constitutional. there is no interest how do you make the forces of demand meet the forces of supply to decrease equalibrium prices and make markets work. instead they want to use these made-up economic philosophies you can use other people's money to pay for these extravagant programs. charles: there is one thing about having -- first you have to get elected. these things happen to be very, very at

and it's owned by rupert murdoch, take it what you will. here's their piece today about cohen and the coliseum, from the editorial board. this was a reminder americans elected a president who spent decades in the sleazier corners of new york business and tabloid life, associated with dreadful characters, has no great character himself. they go on to say, when picking a president, character must matter. >> yeah, sure. but i mean, i think for those of us who have a modicum of common sense, we know that donald trump has been below character since, you know, for the last 40 years. >> this is what i'm pressing you on. when people come on tv and say, i already knew it, that's good enough. that's more polarized division. what i'm saying is, does what we heard under oath potentially matter for some new people? why do we assume that everything's frozen in amber? >> i don't think so, ari. because look at how the republicans behaved. they were not moved. they doubled down. >> what about americans watching it? >> we saw representative meadows gaslight

when the younger murdochs came in.there was going to be a different kind of ecosystem over there. very quickly they saw that their success was going to be right to donald trump's success and the same thing back. it was just a mutually beneficial kind of pact, an unspoken pact where if fox did well, he was going to do well. if they did well, he was going -- >> i think most of the person do. they get it. okay. mark, let's talk about this. one of the lone conservative dissenters is ann coulter. she says this. let's watch. oh, there it is. the only national emergency is that our president is an idiot. >> yeah. >> is that going to be a problem? is this a problem for him? >> you know, she is the ultimate provocateur, and i think she's carving herself out and he's carved her out. it doesn't matter what he says at knee tiany time, she's goinge it one step further. that's her brand. he said i've never met her today. it's great for her. >> yeah. >> that's exactly what she wants. it doesn't matter what he does, she will never acc

theme there she wanted us to look at how she sees this as a tool of war and this is a country on a murdoch and she speaking to us from the hague yemen promises to be the most severe famine in living memory documentation supports thousands of repeated strikes and agricultural areas fisheries markets factories and water infrastructure this is in addition to the sieges and blocking salaries going on page for use and extreme inflation these are the methods of seemingly plenty in yemen there is little doubt that these mass atrocities masquerading as natural disasters should be investigated and placed within the rubric of international criminal so a fresh mentions famine there and as we've already confirmed this is not a famine but using it as a tool of war using it as something that should be within the rubric she says of international criminal law where you make about. i disagree with the notion that. there is not famine in yemen i think that it is a famine it's under way. and i think this might i mean we can debate this but i think. strongly that a product would be like saudi arabia or united

possible affects of posts like these is the national mental health director of nhs england, claire murdochs today. we mentioned a couple there, a couple of solidity endorsement is, giving an idea of some of the products being promoted. which are the ones you are most concerned that —— concerned about? you gave an example about lollipops, appetite suppressant lollipops clearly targeted at our young. we know that 50% of girls and young women have concerns about body image and be awake and at nhs england, our long—term plan recently published has said that the 0—25 —year—olds will be the absolute centre of our health transformation plans and is pa rt health transformation plans and is part of that we hope to see something like 350,000 more children and young people for disorders such as anxiety, anorexia nervosa, may be suicide, depression, and we think some of that illness which we are happy to treat is caused by others irresponsibly promoting, bombarding oui’ irresponsibly promoting, bombarding our young through social media, with idealised body images, idealised lifestyles that are complet

she spent the local elections right the murdoch press last year, posing the public ownership of waterxt few days. they are not in reality, the real centre ground of public opinion is support for public ownership, higher taxes for the rich and ending austerity. i will leave it there because we want to get in a lot of stuff. thank you. for those listening to that live news conference, there was some bad language, apparently, we apologise if anyone was offended by what they might have heard. damian collins, cani might have heard. damian collins, can i ask what your view is? what you have had, including the invitation from chuka umunna for mps from different parties to leave fundamentally divided mainstream political parties —— you have heard. to work towards the future by joining this movement. we had a series of very personal testimonies about the journeys that the former labour mps have gone on in setting up labour mps have gone on in setting up this independent group. it underlined, to me, is that for them in political parties not everyone agrees about everything all the time. but you

. >>> congresswoman alexandria ocasio-cortez is making waves and drawing attacks from today the murdochid "the new york post" which extended great efforts in suggesting something somehow nefarious about aoc renting a building in washington, d.c. with cycle pool, saunas and a golf simulation lounge raising the notion that aoc might not even reside in the bronx district she represents anymore which she disputes today adding that she relocated to a new apartment in the bronx. a fixation on a freshman shows the fixation vilifying a woman in power, seeming that they test out the same personal assault strategies deployed against hillary clinton or nancy pelosi. >> what you have in ocasio-cortez are latin american values. instead of us assimilating them, they are assimilating us. >> the little girl who wants to do -- pre-reagan economics. >> bug eyed cortez. >> sandy cortez doesn't have any mental capacity to actually reason. >> this 29-year-old congresswoman doesn't seem to know much about anything. >> stalin, hitler, mao zedong all came to power promising the same kinds of things that ms. oc

have someone like rupert murdoch who does not see it coming -- now we have digital journalism.ow we have the internet. all part of storytelling. the current role of newspapers is still what it has always been, which is setting the news agenda. toy don't have the resources have somebody covering city hall, covering the pentagon, covering the state capital. they rely on what they read in newspapers. that's how they set the agenda, through this trickle-down. people who don't even subscribe to newspapers don't know that they are getting the newspapers news agenda when they turn on the radio or turn on the television because a lot of that comes out of what the newspapers are still doing. newspapers that can annd six months on investigative story, that can swarm people with a notebook and pen in a way that television and radio cannot do. fake news is real news for which the person has no response. in the old days, if you wrote a critical story and laid out the facts that the person you were writing about did not like, that person might brush you off with a no comment. now they say fa

i, you're asking me what is in the mind of the greatest business man of all time, rupert murdoch, okaysees cord-cutting coming as well. these were the most vulnerable properties. disney was looking to amass -- neil: same thinking didn't apply to the news or business? >> yes, yes. not yet. you know, listen -- neil: we're all about -- >> we all will be affected. my point, disney owns them, gets them, figures out it has to sell them because of espn issue. even though it is not a direct overlap. it is regional. espn is national. there issue they have to sell. real problem with disney is this i tell you, because comcast came in, remember comcast put in competing bid, a story we broke here on "cavuto." neil: you broke. i had nothing to do it. >> gave me the seat, thank you. in any event, because of that, it bid up the price that disney had to come back. so the fox rsns were valued at $20 billion. now they have to sell something they paid $20 billion for and they ain't going to get 20 billion. they will get something, if you throw in yes -- neil: other players could emerge? >> if there is bid

it's happened before, if you remember when rupert murdoch, the british paper was doing that to a cell phone. if i was jeff bezos i would find out how this happened. i'd want to know how it happened personally and professionally. he doesn't want to be subject to people sneaking around in his personal stuff and also his business stuff. i don't think it's the craziest thing to investigate this at all in any way. >> kara swisher, thank you for joining us today. we appreciate it. >> congratulations. >> it's so hard not to make puns. >> that's what twitter's for. >>> all eyes on capitol hill where the acting attorney general is preparing to face congress after a day of drama over whether he even would appear. nbc white house correspondent kristen welker with the latest on that. hey, kristen. good morning. >> reporter: good morning. we are getting our first look at what acting attorney general matthew whitaker is saying on capitol hill. there's the live shot there. in his opening remarks he defended his handling of the special counsel's russia investigation but said he won't discuss communic