it knows what i want, how tall i am. >> myspace, myspace. exactly.for it. >> it is not myspace, ignore that. i ask the jury to ignore that comment. matt, on twitter i asked the folks following me to send us comments on facebook and twitter, facebook included, on their questions on the ipo. @washington asks, should small, mean private, noninstitutional investors, regular people, for instance, try to get in early or is the deck too stacked against us? >> let me give you the second one because they're related. what's my chance -- this is from @gohoke. what's my chance are buying a share on the first day. your chance is excellent. >> you can buy one share if you want. a lot of the other social networking ipos, that first day will be crazy. everybody is buying it. two weeks later, once they realize, wow, this is valued six times probably at that point more than google, we're going to sell into it and big money will sell into it. you'll be stuck holding a share that you may not hit that level for another year or two. >> i have made my entire career and kee

in fact, he says he met his last girlfriend on myspace. >> who is that?there was nothing sexual or nothing. just a good, clean relationship. >> and she wasn't the only one. >> i have met girls before, but i haven't done anything. i couldn't. because of my strict beliefs. i am solely, deep down had no intention of doing anything. i have been able to talk the way i talked and this is my punishment. >> and his punishment is like the other men caught in this investigation, begins when they are taken in a van to the county jail. >> turn your head to your left. >> where they are photographed. >> press down. >> fingerprinted. >> hey, kid, don't [ bleep ] up. it's a bad idea. >> and put behind bars, awaiting a bond hearing. most of the men have to wait 48 hours in jail until the judge will see them. >> this bond would then be set at $25,000. >> so far, you have met seven men who showed up at our undercover house despite all our previous vations, there are more on the way. and you won't want to miss their stories. and watch what happens when this man tries to run

is myspace becoming the new facebook? a million new users in just this month.erybody taking a second look at this product? you're watching "early start." america has an impact on all ofn us. how can we save these young people's lives? as a police chief i have an opportunity to affect what happens in a major city. i learned early on if you want to make a difference you have to have the right education. university of phoenix opened the door. my name is james craig, i'm committed to making a difference and i am a phoenix. what ? customers didn't like it. so why do banks do it ? hello ? hello ?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello ? ally bank. no nonsense. just people sense. i like yoplait. it is yoplait. but you said it was greek. mmhmm. so is it greek or is it yoplait? exactly. okay... [ female announcer ] yoplait. it is so greek. without the stuff that we make here, you wouldn't be able to walk in your house and flip on your lights. [ brad ] at ge we build turbines that power the world. they go into power plants which

. >> this picture from his myspace page shows him standing, jordan sitting.testified that they along with carter had all been having a good time at the apartment building with some girls. he thought one of the guys had taken it and called his brother to bring everything. minutes later, the carters were holding their friends at gunpoint. they batted his hand away. he stepped back and they opened fire on everybody. >> to know that my son is dead over a bracelet that he did not know anything about. >>andre morgan said he launched a plot to kill the carters. within days it was tit for tat shootings. these were not rival gangs or neighborhoods that war. andre morgan testified he gave carter his phone to call the brother not knowing he would be ducking bullets as they shot at him and others at this apartment building in southeast. the girl turned the bracelet in to police a few days later. >> thank you, sam. he made the plea before a war crimes tribunal. he is one of the highly valued detainee's to do so. this plea caps his sentence at 25 years. >> a breakthrough i

looking for drugs so if you go before this thing for money for money sleep in a place place myspace place then i see my friend working on the beat then he threw it about. anyone you working on to be this my friend. yeah i don't i. mean you know. they do and. you go right on by but i'm not on this show and i don't forget. it's normal every day i just my friend sophie probably two or three then a new king then somebody. a teacher. then i also get a. lot of letters. that muslims say are blood i learned to english that's a study in your dictionary. so i would learn two sentences every night and then i would practice them on the beach the next day i get. i studied important words to do with sailing fishing tracking and renting masks things that were relevant to my life. and. something or. this and i start. looking looking. less and less and less and speak and awake and. they start. it's probably. something fifty dollars something. and if money. sometimes. the dusty you know that musty but there's a new year and you're any good then looking forward is good. but i never has a. i love you miss in

myspace and then it went to facebook and now it's this. i can't keep up. >> it's --. >> 12 people started it, 10 million visitors now. >> wait until you have the pin stripe student. >> in honor of. >> ñ2ñall right. >> mild night. mild continues and you know upper 40s, we like it this way n in february. normally the high temperature wouldn't be that warm. tomorrow 50, looking for rain to come in after the çklunch hour. look for wet weather. we know what that does to traffic. there is the outlook. very mild, we will keep watching, sunday carefully but the roads are it'll be a a minimal event. >> it's a record cold winter in europe Ñ-and so deep deep freeze. >> diane sawyer at 6:30. see you tonight. >> have a good one.

sleep in place place myspace place then i see my friend working on the beat then he threw it about working anyone you're working on to be with my friend. yeah i don't i. mean you know. they do and. you go right on but not on the show and don't forget. it's not about every day i just my friend sophie probably two or three then name of king then somebody. teacher deserving then i also get a. lot of letters. that muslim say are blood i learned to english a study in your dictionary. i would learn two sentences every night. and i would practice them on the beach the next day i get. i studied important words to do with sailing and fishing tracking and renting masks to keep things that were relevant to my life. and. something in. this and i start. looking looking. less and less and less and speak go away and do the. this stuff. it's probably. something fifty dollars something. and if money. sometimes. the dusty you know that musty but there's enjoy here and any good they're looking for is good. but i never has or. i love you miss inglis. jeremiah and if you wouldn't. go to time. holland how fine

i will end up with the debris rolling into myspace. this is what happens. the bins get taken in. did not say anything about these been staying outside. a matter of them rolling down or getting kicked over by kids or whoever is, that is an issue. as you can see, this was the most egregious problem. this entrance, no. 11, it is no longer being used. they have rented the space that used to be no. 11. there are only two entrances at this moment. they can combine that into one large store and you have a smaller problem, you don't need 60 feet of concrete rolling down. the foot traffic, if it is like an owl, we are trying to increase. the comment about very little foot traffic is the issue right now that we're trying to get people to come to that part of the street. a thank-you. -- thank you. >> mr. nathan. >> first, i would like to clarify the question that commissioner fung had about elevations on the curb. i think i understand the problem. in my drawing, i use the word poc, type of curb. that is the top of the curb for the sidewalk, not the street curb. so the big concern with putti

place place myspace place then i met a friend working on the beat then he. talked about working. on you working on to be this my friend. yeah i. mean you know. you and. you go on but not on this show and i don't forget. it's normal every day i just my friends will be probably two or three then i live king then somebody the. teacher. then so get. that muslims blood i learned to english a study in your dictionary. i would learn two sentences every night. and i would practice them on the beach the next day. i studied important words to do with sailing and fishing tracking and renting to keep things that were relevant to my life. and. something in. this and i start. looking looking. less and less and less and. awake and. this stuff. it's probably. something fifty dollars or something. and if money. sometimes. you know. but there's a new ear and then looking. good. but i never had. i love you. if you would. go to. holland. i've got to go. i've got to get. better than that and i thought again. i sell the package. mostly i don't ask for a payout upfront. first and foremost i sell it all

. >> myspace. >> myspace. facebook is the size of all but a few countries. it has staying power, but who knows? in five years something better may come along. >> and the people who hold that stock may have second thoughts about the decision to buy. it's a fascinating story we'll continue to cover. thank you, my friends, felix and mark. appreciate your joining us. >>> still to come, the public radio show falls for an elaborate hoax. what does it feel like to be smacked down by the muppets? the media monitor is straight ahead. ♪ a refrigerator has never been hacked. an online virus has never attacked a corkboard. ♪ give your customers the added feeling of security a printed statement or receipt provides... ...with mail. it's good for your business. ♪ and even better for your customers. ♪ for safe and secure ways to stay connected, visit usps.com/mail metamucil uses super hard working psyllium fiber, which gels to remove unsexy waste and reduce cholesterol. taking psyllium fiber won't make you a model but you should feel a little more super. metamucil. down wit

in more tech news, there's talk that myspace is planning to launch its own web tv service.nd if you think that's exciting, then you must work for myspace. [ laughter and applause ] check this out, walmart is now offering free tax advice at more than 3,000 -- [ laughter ] -- at more than 3,000 of its stores. finally answering the question, "where can i get tax advice, kitty litter, and a shotgun at all one convenient location?" [ cheers and applause ] this is pretty cool. mercedes is putting a facebook app in its new cars that will alert drivers if their friends are close. yeah. [ light laughter ] it's like, hey, facebook says that doug is nearby, i wonder where -- doug! doug! hey, buddy. call me later, dude! i just saw this. a new study found that last year america's obesity rate actually went down. [ cheers and applause ] yeah. the study was conducted by that one researcher, a guy who hasn't been to the mall in a year. [ laughter ] and finally, according to the magazine "the advocate," salt lake city is the gayest town in the u.s., which explains that new basketball team t

just to be safe, because you know, with these big social media companies like myspace, we saw these guys start to slide downward, and eventually they crashed. but it took a long time and you could see it coming a mile away. i think with facebook, they're just as large and it's going to be -- much larger, and it's going to be the same long, slow, zeppelin plunge down to the ground. >> belva: thanks. interesting stuff here. i have lots of interesting stuff going on in oakland. lots of news this week out of oakland. >> yes, not quite so positive as the last segment. yeah, you know, an occupy oakland march and demonstration last week turned into, as you called it at the top of the show, a melee. more than 400 people were arrested, the biggest mass arrest that the county has seen in 30 years. there have been accusations hurled around on both sides. the protesters say that the police acted, you know, with undue and excessive force. and the police pointed out that the protesters came and tore down fences and threw things at officers and had reinforced metal shields they were advancing on police

we get into a future battle space where people are talking on skypes, they're reading facebook and myspace and talking to each other and passing on youtube and the like? and perhaps -- i think there are places here where we have lots to go. agility of the mind is the last point, and attitude is everything. leave your ego at the door and learn about each other, and really remain agile. don't let process get in your way. and what may seem to some as i don't understand what they want, we well, if you don't understand and they don't tell you, produce it, this is what i read back to you. let me read back to you what you've just told me or what i understood you are trying to tell me, and it works at the personal level, it works at the international level as well, and that's the point i'm trying to talk about or the point i'm trying to make here, agility of the mind. soday, we had three key tasks, the protection of civilians, the embargo and no-fly zone and i believe we met those three with success. but the victory belongs to people of libya. this was a libya and libyan people victory. they're th

. >> myspace was very hot until kids decided one day that myspace was out.g, page, i don't do that anymore. it's facebook. >> you are wise in this situation, sir. >> shut up, donny! >> shut up joe! >> you're going negative. >> losers. in america, we believe in a future that is better than today. since 1894, ameriprise financial has been working hard for their clients' futures. never taking a bailout. helping generations achieve dreams. buy homes. put their kids through college. retire how they want to. ameriprise. the strength of america's largest financial planning company. the heart of 10,000 advisors working with you, one-to-one. together, for your future. ♪ that's how it is with alzheimer's disease. she needs help from me. and her medication. the exelon patch -- it releases medication continuously for twenty-four hours. she uses one exelon patch daily for the treatment of mild to moderate alzheimer's symptoms. [ female announcer ] it cannot change the course of the disease. hospitalization and rarely death have been reported in patients who wore more tha

i mean, it used to be that myspace was the hot thing. what happened to myspace? i hope to outlast it. it's a colossal waste of time. people looking at pictures of their friends and changes in their status. why not spend their time doing something more productive? >> peter, that's just the old view, right? we're the wrong generation. that's just the old view on that. >> i understand people's great-grandparents are on these things, are on facebook. i don't know what they're doing. they have nothing else to do with their time? >> all right. thank you so much, peter cohan. and of course our guest host julia coronado from bnp paribas. thank you for joining us on the show. and that wraps it up for today's "worldwide exchange." i'm jackie deangelis in the united states. >> i'm ross westgate here in europe. up next, becky, carl, joe, andrew, all the team -- carl is not there anymore. anyway, "worldwide exchange" is finished. "squawk box" up next. have a profitable day. the >>> good morning. first it turned friend into a verb. now facebook is poised for a historic ipo. we

. >>> remember myspace?ocial site said they added a million new users just over the past month. why, you ask? justin timberlake credits a new music player for the surge. the myspace player offers unlimited music to a library of more than 40 million songs. >>> and you can get a look into the private thoughts of former first lady jacqueline kennedy. dinner invitations and notes on decorating are just part of this first batch of personal papers being made public by the kennedy presidential library. the documents are also available on line, and one includes a transcript of remarks mrs. kennedy made to cuban dissident. >>> we're just getting started. i have a lot more for you in the next two hours. watch this. >>> it's a government that kills its own people, drops bombs on homes and snipers hunt families. right now we're inside syria where they have forbidden reporters. i'm brooke baldwin. the news is now. >>> anger is running at an all-time high. >>> one expert says the world has three military options against t

club opened in brazil called facebook. [ laughter ] it's right next to the retirement home called myspace you -- [ laughter ] they play jams like this. [ slow kenny g. music ] [ laughter ] ♪ "let's slow things down a bit." speaking of the internet, pope benedict recently said that people are using the internet too much in their daily lives, which only goes to prove one thing. the pope's never seen this. [ nyan cat music ] ♪ [ laughter ] i could watch that for hours. [ laughter ] nyan cat. and finally, a school in utah is banned from calling its team the cougars over worries that it could offend women. [ laughter ] so, they're just going to go with their second choice -- the milfs. [ laughter ] we have a great show tonight! give it up for the roots! [ cheers and applause ] ♪ [ cheers and applause ] >> jimmy: boy, oh, boy. we got a big show tonight! she just got nominated for an oscar for her movie, "albert nobbs." she's the best. glenn close is here! [ cheers and applause ] my buddy. pump it, pump it. from the hit showtime show, "shameless," the beautiful emmy rossum is stopping by! [ chee

remember how big myspace was? and facebook came in and swatted them away.ything that you can think of that could have a similar kind of consequence for the market leaders facebook or twitter? >> look, we don't know. but one of the important reasons to use google plus, especially if you're a journalist or whatever you're doing, is you do get indexed in the google centering. so you show up -- i think jon would agree on that. that's something you get more sort of followers and you're in -- when somebody searches for you or zernlgs for something, they may come to you more. >> when i look up "find herbs," i'm going to get herb greenberg? >> unfortunately you will. >> thanks, herb and jon. appreciate it. >>> let's give you an update on the market. the rally is fading a little bit on the key indices right now with the dow just a hair below the 13,000 mark with just a fraxal percentage gain on the day of less than .1%. it's at 12,993.35. nasdaq is up .5%. the s&p 500 is just a hair below the 1,370 mark. what really matters is the close on these indices. that's what

global basis which is why once this thing started to dominate other companies like fin center and myspace, you watched all the other social networks, even the regional ones fall by the wayside. most recently facebook passed the google product in pra zil. so, you know, you've got the overwhelming kind of protective moat around this thing. i think they're early in the monetization phase. i would expect this company to be able to get a very kind of the high end of the range of valuations you see put on great companies which, for me, is probably going to be 10 to 12 times next year's revenue which would put you around this 75 to $100 billion range that everyone is describing i was doing research for this segment and i ran past a quote they wanted to read to you and just get your reaction to as we throw around the table here what the realistic valuation of a facebook is. here's the quote. at $100 billion valuation would have us believe that facebook is worth 53% of google even though its profits on sales are ten times that of facebook. does that sound realistic to you? >> lock, i'm sure you ca

it's remarkable what they have built and to have been a part of that since they were smaller than myspaceit's been a lot of fun. and to think that by virtue of their use of our products we're touching nearly a billion users. it's really, as an engineer, that's the exciting thing, is to have your technology have an impact. here it's a measurable impact on the end users experience. >> how can you further the relationship between yourself and facebook. >> it's merely at the start. we're barely scratching the surface for the types of services this enables for facebook and many other companies that are in b2b or b2c kind of services. >> do you feel like there's a bubble in ipos? >> i think technology is what drives growth in the economy. it's hard to say how much leverage that gives, because of the potential improved efficiencies as all of our lives become more efficient. >> david flynn, fusion io ceo. thank you so much. >> my pleasure. >> i think the one concern i'd have, you addressed it, the gross profit margins have come in dramatically year over year on the second quarter. that's got to b

>> i think the big difference with facebook compared to myspace and friendster and other essential networksat facebook has integrated itself as the backbone as so many other parts of the web. it's a deliberate strategy and one that's worked for them. if you go to jen's site, "the huffington post," you've got a bunch of facebook opportunities to see what your friends, not on the huff po, but on facebook, what are they reading and recommending? same on "the new york times." so when we consider the social graph of saying, yeah, i can see on the page, people spend more time per day than on any other website. but that's not the whole story. the whole story is all the personal data they're constantly mining and updating about you that is across the graph of the internet. the funny thing here, that many people have said, is we started with this aol and a notion of a garden, and people broke out of that, and several years later, we're much more back to a much more intuitive, to a much more fine lly grained garden. >> i love you're bringing in internet theory, walled garden. >> well, you have all co

myspace, remember that? now facebook, twitter, i kind of put them separate. is twitter the new facebook, can they exist together? i don't know. the point is we're evolving. is there another evolution? that got me thinking to what are the risks to facebook not just the company but to the stock if and when it does come out. i want to look at some valuation numbers. we've heard $75 billion to $100 billion number for facebook. let's say facebook is at the low end. $75 billion once they go public and scale up for the stock. look at these valuation numbers, all right. google's doing about $38 billion in annual revenue, market cap $189 billion. i threw cbs in there for a reason, bear with me on this $14 billion in revenue $19 billion in market cap. aol doing more in revenue than its market cap suggests. $2.2 billion in revenue, in terms of market cap, facebook, reuters coming out with the story $1.2 billion. but look at the 32 to 75 to 100, does that match up with any other numbers? we'll talk about that. growth rate, 800 million active users around the world. 80% o

myspace and teen spot using profiles of young teens, sometimes the decoys act eager about having sex. >> he thinks he's talking to the girl. >> since perverted justice members want to see these predators arrested, they were more than willing to help out the ft. myers police department. >> perverted justice said hey, not only will we teach you, we'll come down and do it for you. the next thing i know, we're setting up a sting operation. >> left hand is in his pocket. >> frag, his scream name from perverted justice, worked out a plan with chief daniels' officers. once a potential predator makes a date online with a minor, prosecutors and police officers are staked out behind the house. >> reviewing the chat logs to make sure that this person had already violated state statute. >> take a look at it as soon as -- >> under florida law it's a crime for an adult to solicit sex with a minor online. >> coming to the house was kind of like the icing on the cake. >> for our latest investigation, we've come to this lovely home in an upscale neighborhood. there are five cameras outside, including

, open source data -- information in the public domain -- can be gathered from facebook, twitter, myspace or the blogs. if suspicious information was picked up on, let's say, a blog, that information could be cross-referenced with other databases to help identify an individual or group, and that information could be passed on to security cameras in your neighborhood according to the aclu. >> even where you're talking about published information, you know, information people intentionally put out there on the internet, we still have a right not to have that monitored by the government. the government doesn't have any interest in tracking somebody's twitter account if they're not doing something wrong or suspected or doing something wrong. >> the fbi told us in a statement this is really about research at this stage adding if there is an app, it will not focus on specific persons or protected groups, but you can see the clear divisions in this debate already, megyn. megyn: chief intelligence correspondent catherine rridge, tankhou. >> reporter: you're welcome. megyn: well, the tension betwe

, we do know that being involved in social media, being able to tweet and to get on facebook, and myspacemmunicating with the universe. communicating with others, and in many ways it becomes a catharsis. people actually work out some of their issues by just being able to tweet about it. to talk about it. and psychologists think just getting that stuff off of your mind, off of your heart, is actually healthy. >> and jeff, is there a way, are there things that you can do to kind of break the temptation, i suppose, in tweeting or facebooking or using your blackberry? is that advisable? >> suzanne, absolutely. one of the things that this study advises, and as well as others, say monitor how much time you spend on your telephone, or watching videos, or watching tv. keep a record, and if you're seeing that you're spending a lot of hours, that is a red flag. secondly, look at other activities that you can use as healthy substitutes. such as being able to sit down with someone and being able to sharadiner or getting involved in exercise. there are better things that you can do with your time that

data, this is information in the public domain, can be gathered from sites like facebook, twitter, myspacelogs and under one scenario if suspicious information was picked up let's say on a blog, that information can be cross referenced with other databases to help identify you. that information could be passed on to security cameras in your neighborhood according to the aclu. >> even where you're talking about published information, you know, information people intentionally put out there on the internet, we still have a right to not have that monitored by the government. the government really doesn't have have interest in tracking somebody's twitter account if they're not doing something wrong or suspected of doing something wrong. >> reporter: a key question whether facebook, twitter and other sites would fully cooperate with the fbi. we sent request to facebook for interview. they said they would get us a response, probably a paper response a at some point today, jon. jon: catherine herridge thank you for bringing that to us. >> reporter: you're welcome. jenna: a terrible accident in ne