coming up, netflix may be teaming up with jack ma. we look at the company will the plan to expand in china. plus, google's self driving cars are about to hit the streets. and one of the highest profile vc firms run by women is getting ready to raise its funds. first, to our top story -- carl icahn making waves in a silicon valley again, investing in uber's archrival, lyft. the billionaire investor added $100 million, and one of the investor's employees will join the board. uber is valued at $40 billion. lyft a little over $2.5 billion. then there is the reach, 250 cities worldwide for uber, while lyft is just in the states. for more on what this investment means, i want to bring in leslie picker, eric newcomer is here, as well as our editor at large cory johnson. cory, i want to start with you because this is a different kind of investment for carl icahn. why is carl icahn first of all investing in a private tech company, and why lyft over her? -- over uber? cory: let's think of all the reasons, one, he is wanted to make money. carl i

if you as a subscriber if they would rather have netflix or pay-tv, it would be netflix.out the price point? came in with $14.99. >> the grandfather done in for two years. we are not we to see the entire effect of the price hike take effect until 2016. they definitely have some potential to raise prices, but nine dollars and nine cents has been working great for them. betty: thank you. ahead on bloomberg market day. stocks turning negative. a two-year low. the latest from london after this break. ♪ betty: welcome back to the bloomberg market day. let's take a look at the markets at this moment. equities have been fluctuating near the record. slightly down right now. the dow off 15 points. ,he nasdaq down by 2/10 of 1% given the disturbingly low consumer sentiment numbers because this morning. let's take a look at your reaction to that number. let's wrap up the trading day in london. i'm looking at 5100 that is right. the whole map in europe this dark color red. the 5100 off a 10th of 1%. benchmarks the stock 600, a week of losses delivered by equities this week. rolling o

netflix learned a lot on their troubles with germany and france.hose were not successful launch es.\ by partnering with somebody who knows the culture, understands the bureaucracy, they are getting a step ahead of the marketplace. emily: i lived in china for many years. piracy is a huge problem there. you can buy dvd's of any show you want, full movies before they are released for, like, $1. why bother, david? david: that has always been a question with china. unless they start giving owners of contents copyright protection that everywhere else in the ball -- in the world is getting, no one will want to do business in china. i think by this deal, partnering with the companies that they are partnering, it gives a little more oomph to what they are doing, and i think it will give more strength and government weight behind copyright protection. one of the popular shows in china is the netflix series "house of cards." it is very popular there, and i think what doing by building -- i think what netflix is doing by building these international programs i

[laughter] >> i think that this is part of it. >> with regards to netflix or

we're late to netflix, a younger person netflix is their tv.t's what people are really battling here. >> any time you talk chinese the adjustable market is 1.3 billion, i don't know what the broad band penetration. how many people have high-speed internet into their homes in china? >> we don't know. >> to me that's the number that i care about, otherwise, netflix doesn't work. >> john chambers the outgoing ceo of ci is co says the worldwide digitization is happening everywhere. i think china, it's not open and shut what you can show there. the dijization worldwide is playing into their hands. people don't understand how widespread it is. and so therefore, it's netflix -- >> with china, they're always seems to become a blank of china, alibaba is the amazon of china. you wonder will there be a blank netflix of china at some point? home grown. >> there are certain franchises kentucky fried chicken, yum upgraded today. the government says you have to have a partner. >> is netflix a brand? >> i think it's a worldwide brand. in the end, they have pro

netflix looks east.he streaming giant is in talks with jack ma as it seeks entry into the country's online video market. anna edwards is here to tell us more. what is the potential here? anna: why go into china? it is a very big market. it might not be a simple operational thing for net >> to get into the chinese -- for netflix to get into the chinese market. how quickly could it grow? shanghai-based research says that this market by 2018 could be worth $14 billion. as you said francine, we do understand that netflix is in talks with media company backed by jack ma, the alibaba chairman. this fits with netflix's global ambitions. they had plans to be nearly global by the end of 2016. nearly as ambitious as frank underwood of "house of cards." they are talking about the business that makes house of cards and "orange is the new black." guy: i feel like i need to say this in a southern drawl but i am going to resist that temptation. i don't do it as well as other people do. getting into china is tough. this

you have netflix, you have amazon tv. how impressed have you been with some of the original content on some of these other outlets? aaron: if you are a writer, the more vendors that there are for content, the better. obviously, netflix is on fire with "house of cards" and "orange is the new black." amazon has the gary trudeau show, "alpha house." nontraditional tv is great. emily: how about you? are you a binge watcher? aaron: yes. not just of new stuff. i am a binge watcher of old stuff. i can spend a weekend watching "the office." all nine seasons. by sunday night i have done nothing but watch 200 episodes of "the office." emily: is this the golden age of television? is content better than it's ever been before? aaron: i think content is better than it has ever been before. most television isn't very good, there is just more on the high-end now of what is very good. emily: how much more competition is there for writers like you, show runners like you? aaron: i just don't see it that way. if you have something good, it's

i would have to go back to netflix. if i look back over it, probably something like a netflix.esn't like the new media stuff. i get it. i understand. >> bob, your pick. >> spirit arrow systems. not spirit airlines. spr. middle wear provider in the airline industry. they sell wings and cockpits. been around since 1927. based in topeka, kansas. not expensive. warren buffett sort of play. great management team. >> what did blow when he didn't pick a stock? gary. >> rite aid. another stock i owned. down in the dumps. they're like a great corner drugstore now convenience store. they were a dollar a few years ago. now $8. i love the story. reinvented themselves. right in his wheelhouse. >> i have one. henry shine. the medical supply product guys. when this stock went public in late '94, '95. fifteen dollars. today, $130. cash machine. growing smartly. management that stayed with him all the way through. thank you gary and bob. and cheryl casone. adam, over to you. >> almost happy hour. taking a shot at the competition. looking to capitalize on the fast growing, high end tequila marke

the netflix production. which brings me to the bargain rt pa. netflix cost pennies per day. i am riffeted by house of cards and i also love orange the new black. most of my friends kids use netflix as a more important form of entertainment than the television and watched the programs in their hand hold or even their tablet. i think china will go nuts for netflix just like the rest of the word. netflix is one of our most important exports. the success of its programming is a test men to the people who run the place. $37 billion is too haul and given the size of the word wide opportunity. when the company was smaller i had hoped and opined on this show many times that apple should buy them. it didn't happen. it's not too late for some deep pocketed player to step in before it doubles again, which could happen if the china reports are true. i don't like to buy a stock when it's roaring but netflix is worth more than it stands for. sure on an earnings analysis it is expensive. when you hear that usually people are blowing smoke but that's been suckering short sellers for years.

will netflix continue to rise hurting margins?nding more on content and they are getting bigger contact and more and it's work. people like netflix and they don't pay more in countries where they are established. i think what they have done to start is take a spaghetti against the wall approach. they throw it and see what sticks. they clean it up and focus on what drives the subscription. that's a formula for a long-term expansion. do they have more leverage? i don't think. there is a ton of content that people like. they can pick and choose. they are at scale. i think they are in an advantage negotiating position and more overtime with the content. >> it was a pleasure. thanks for coming on the program. >> thank you. >> will the final oil trade cross for the week? we are heading live when power lunch returns. brap ♪ ♪ ♪ at chase, we celebrate small businesses every day through programs like mission main street grants. last years' grant recipients are achieving amazing things. carving a name for myself and creating local jobs. cre

but this a way, isn't this the case for netflix? netflix is a $34 billion market cap.ney is huge and has learned how to execute on original content again and again. could netflix be the disney of the next decade? >> wow, john. that's a huge call. i mean, you think about -- >> it's not a call, i'm just asking. >> listen. if disney has amassed a portfolio of brands that has spanned four generation of children, i'm still stuck on the original "star wars" and here they own it now. netflix is a neophyte in building brands like that. they are a distribution platform for digital content. and they're the best at it and the largest so far. i'm just pointing out, and there's so many others that can do this in so many other countries. i actually think the right blend is to have the content, which is disney's model. if i had to choose between these two stocks today which is going to make me more money, is i'm disney. plus i get a distribution, which matters to me, as you know. >> kevin, i'm wondering if you identify any special sauce at disney that could be relationship applicable

international is the name of the game for netflix at this point. head of content at netflix said it best this week when he said it's a huge asterisk. you can't be an international company and have china be an asterisk when it's that big a part of the world. you can't have that you need to figure out how to get in there. whether it's with a partner. i think what's most interesting, kelly, is this positioning of jack ma as gate-keeper. we're seeing these u.s. companies get on jack ma's team because he has what we would perceive as a fairly good relationship in china. given the business that he's built. and seeking council from someone who might have some pretty good advice there. he seems to be tapped by a lot of companies as the way in. >> netflix shares currently trading about $616. that's good enough for a $37 billion market cap. a big news morning for them. let's look at one of uber's rivals. this is the other major news of the morning. getting a big investment, lyft, it's carl icahn, the ride-sharing service, raising $150 million in funding led

time to talk netflix.in talks with a chinese media group backed by jack ma as it seeks to enter the country's online video market. manus cranny joins us now for more. a to use netflix, and v, what is the potential of netflix going to china? manus: yes, i use netflix. i've absorbed the "house of cards." maybe china will wonder why democracy is overrated. they too want more. they want more devices, more content, and the chinese video market is 1.4 billion people potentially with a market worth $6 billion. it could be worth up to 20 billion yuan by 2018. "aren't is the new black." "house of cards" is what the chinese want to look at. netflix is said to be in discussions with one of the countries -- the company that jack ma had a holding in. he's got 20% of that company. back in april, they did that deal. they know how to navigate the chinese market. they are familiar with the chinese idiosyncrasies. and of course, this goes back to the chief content officer, who said, we intend to try out china and we intend

hear that netflix is in talks to enter the chinese markets, it has brought netflix shares to a record mark: welcome back to the bloomberg market day, let's get straight to a check of the markets. bloomberg's julie hyman is standing by with the details. the three's look at major averages right now, because yesterday the s&p 500 has closed at a record. it has not been able to maintain that record, however, and we had a consumer confidence report has showed a major drop in the last two years, and that is not making investors feel incredibly strong about the economy, the nasdaq is only down about one quarter of a percent. if you look at the push and pull of the stocks today, you have utilities on the rise and financials on the decline. with that consumer confidence report, we are seeing more dying of treasuries and yields are falling. if you're looking at the 10 year, and where that yields today, you can see that pessimism reflected in that and we are probably going to see rates lower for longer. i also wanted to bring you breaking news coming out in the past a few moments, there has take

lots of people to watch netflix films. thank you.h all the business news for us, thank you, william. coming up is our daily rendezvous with the cannes international those ears. we hear from simon baker, star of the hit tv series "the mentalist." >> hello from the cannes film festival. today, i'm talking to a mentalist -- well, the mentalist, actually. the actor from the hit tv series, simon baker, is here to talk about his plans to direct the film. it is his first turn in the director's chair. let's go meet the australian star. >> you speak french? >> no, that was the extent of it right there. >> you are known for being a very handsome chap, clean cut. what's going on? what's with the new look? >> with going on. i'm only known in certain circles as clean-cut. i have been finishing one job, transitioning into the next thing. i'm just relaxing a little bit. also the next job that i take on, i'm directing, and acting in it, and it is set in the mid-70's, so i have to start trying to grow my hair out a little. this is my cannes interview

netflix says it's not just us. interest dove tails with sound public policy because we are advocating for the consumer. i think it's worth remembering that the regulators are supposed to be acting for the consumers. they are not there to protect one particular company or a handful of companies no matter how much they might happen to like what they are doing. >> there are some who say why shouldn't netflix pay more? it's using more. it is the main user of the highway. why shouldn't it pay a higher toll to have its cars go faster? >> that is a legitimate argument nobody should have to pay for greater capacity. if you look at credit card companies, retailers pay, the consumer pays. it's not an unusual model. that argument as far as washington regulators seem to be concerned is over. netflix won that battle. it has implications for all these other deals. take the new charter time warner cable deal. since the comcast thing was vetoed, this has taken on a whole new dimension. a month or two ago i would have said no probl

given your choice of will i buy netflix or hulu netflix is pure.are smart enough to say i will not pollute my network. there is room for all these guys. betty: nice to see you. we will be back in two minutes on "in the loop." ♪ betty: welcome back to "in the loop." we are 30 minutes away from the opening bell and a look at our top stories. teachers indicate stocks will open lower. first-time claims for jobless benefits rose slightly last week after a 15 year low. many investigators say yellen added fields of fire at a big stock and bond sound out around the world. bond yields around the world are soaring today. the fed says she thinks long-term government that is overpriced and she also warns of the dangers posed by most. >> low interest rates can certainly consent certain investors to reach for yield. they can insert them to take on conditions and can create financial stability risks. betty: after yellen's remarks japan's 10 year yield made its biggest jump. i will show you benchmark on. germany's benchmark bond also rose to its highest yield this

contrast disney to netflix. and netflix though, it's not about that. netflix is all about content.tent. content. the report came out. netflix hit a new 52-week high. international subscribers could reach 60 million people by 2017 and over 100 million after that. so i think that's really what the strength is. it's about that subscriber -- the subscribers wanting content. >> steve, we're all-time highs. a little lofty. >> a little lofty. there was a river of red on the whole. are there good stories? there always are. hilary, when you mentioned the disney cruise. i need to say as a disclaimer. i respect disney as a stock and company, i took the disney cruise. it was hell on the waters. holy cow. everyone got neurovirus. it was horrific. i won't go into the details. listen, while i respect disney, that's a singular story. because of espn which might have been the stepchild. it's now the golden boy. if you're not investing in disney, if you've been a consumer investor, you had a terrible day. terrible april. housing hit a three-month low. retailers are struggling dramatically. are there

netflix to bring its content to china, and then with he bring you the biggest and wins losers of the week. and then the investors might be happy about the s&p 500 at record highs. another record high today. but in reality, sorry to throw cold today, but let's out due that with the shanghai composite, up more than 30%. so which of the markets will perform well during the remainder of the year? we bring in our panel, house on capital managements. gary, just as i was starting to feel good about the s&p 500, there are other markets doing much better. >> well, keep in mind a lot of these markets that are having a good year playing catch up to what we had already done over the last couple of years especially 2013. for me, asia looks very, very strong, they are insanely printing money and i'm looking at something, like, taiwan, you can buy into it with the ewt, and it's easy money out there . >> what do you think, jamie, is there something attracting your money this time around. >> europe and japan are our favorite areas to invest these days geographical. we feel europe is the place we're g

so i went on netflix, and i'm sorry, i have to say this.at this point in the broadcast, seth launched into a 60-second profanity-laden tirade about netflix, and in his opinion, how their suggestions prove they do not know him. network policy prevents us from broadcasting his comments, but due to a technical issue, we were unable to edit this portion of the show. in short, seth believes that you should get movie recommendations from friends, not some creepy robot. [ laughter ] he then said, "netflix, let me put this in language you can understand. bleep blorp, bleep blorp. i don't like 'house of cards.'" [ laughter ] seth then complained that netflix tattled on him by telling his wife that he recently watched "orange is the new black" when he was supposed to wait and watch it with her. after which, seth said, "why are you trying to ruin my life? is it because of this?" and held up a "tango & cash" dvd that he has not returned for over ten years. [ laughter ] seth then continued, "oh, and by the way, just because i watched 'jurassic park' doe

is there anything that can stom the netflix climb. >> fooling s.e.c. why it is easy to pull one over on the agency that is supposed to protect investors. all of that for tonight on "nightly business friday may, 18th. >> good evening and welcome. for every buyer there must be a buyer and for every seller a buyer. and e pull theun and yang that makes a battle of buyers and sellers, the bulls and bears is joined. today's economic report bolsters the bears. industrial reduction and consumer sentiment fell sharply following a raft of data economists lower the growth not just for the second quarter r released by the federal reserve bank of philadelphia. but despite the news the dow jones indust rose 20 points to 18,272 and rests nine one hundredths of a pent from its all-time high. and the s&p 500 has higher by a point finishing at another record close and for the week all of the major indexes are higher. so take that bears. dominic chu with more. >> the stock is back to record highs again. we are less than half a% from those levels. so what are the experts

netflix is a $565 stock.ill remain nameless took his earnings estimate from $1.96 up to $4.32. citing much better than expected growth both domestic and overseas as well as aaa content. in prior quarters we saw an indication of saturation as year over year net subdivisions decelerated but they reaccelerated and all but destroyed our thesis. netflix management did a better job than expected. this is a great reminder to people at home that companies can and do change and those that believe they can't would be down right foolish. bank of america merrill lynch isn't alone. i've seen stocks go higher than i thought they could. when the facts change i change my mind. what do you do? you need to be flexible at home. it shows a case of being flat out wrong at least he admitted he couldn't stay negative any longer. i liked netflix for ages because i believe the company is worth more than it's selling for. the ridiculously low price point and with this current market cap it's still not as high as it could go. then ther

netflix topping $600 for the first time. we've got the real deal on the next catalyst that could take the stock higher. plus the fade to black. no we are not talking the rally in stocks. we are talked the end of the madmen era this weekend. it turns out the show is good for much more than drinking and ad stales. if you had listened to don draper you could have made big money. >>> first, filings. >> the biggest and best investors are buying or out of, let's get the latest on the 13 f filings. >> the latest one, david einhorn green light capital. notable moves, new positions being reported in general motors. 9.5 million shares there. another consumer theme, macy's about 1.7 million shares. then -- bank of new york melon. ingram micro. [ audio problems ] 7.4 million shares. marvel technology, emc and time both there. kettle metal and green dot completely out of those. einhorn, one notable trade we want to talk about here is that and alley baba. interesting moves. dan lowe at third point got oust his entire 10 million shares sta

and then for netflix.etflix continues to sorrsoar despite the fact they don't want the tie upbetweetieup between the at&t and -- new high there as well. liz: once again, on sales force, this is the latest headline. microsoft is not in talks with it. and there is no deal that might be immanent. >> they're denying it. it's interesting. how does this happen? when you're a shareholder and you see the stock getting moved around like this, everybody bought sales force. there was the potential talk of a tieup last week. the stock moved up. had this dramatic volatile move. and again a dramatic volatile move today only to find out that there's no tieup. that's what the report is. let's wait and see. the next couple of days. see what really filters out of this story. something tells me it's not over. liz: where there's smoke, there's o often fire. stay on it. iit will be the end of an era. a real giant in the industry, can't really say he's stepping down. he's stepping up to become executive chairman. during his 20-

and netflix is that another record high. attentionaying pay no to traditional valuation metrics, focus on sis reiber growth. -- subscriber growth. summithe peterson fiscal is underway in washington, bringing together lawmakers and leading experts to explore economic and fiscal opportunity in the united states. betty liu is standing by with the president of the center for american progress. betty: that's right, mark. and also former advisers to hillary clinton, great to see you. and has been a really busy very progressive, productive day on trying to figure out what to do about the fiscal situation in the u.s.. prescriptt policy right now to get both sides of congress to work together is what? >> that the test set of issues. with interesting is how much agreement there is on dealing with the long term. i think a lot of groups and people both the left and the right are focused on additional investment in the coming years, but long-term sustainability, reforming entitlement, more agreement on medicare and social security, but a

netflix has global domination in its sights.o be nearly global or the end of 2016 and only a few days ago, may 13, chief content opposite was saying we are going to try to figure out china and we will try to figure out how to get there. manus: why do they need to partner? talk to us about the market structure in china. that there is why this is where they are going. >> you have to have a partner because you need to get licensing. internet licensing is controlled by the chinese government and they hand out only to seven companies so far it have the right to stream tv via the internet. seven including wasu. let's face it. netflix is probably talking to all seven, i'm sure. the licenses for content, they wanted to be a cross device. you and i don't just watch "house of cards" on the tv but we want to be able to watch on our tablet smartphone. they need the licenses across platforms. anna: another issue will be censorship. we've watched a bit of "house of cards." might have a few problems getting through the sensors. >> sexual innue

host: i read something saying netflix percentage is up -- netflix usage is up 36%. if we have marked this content the ability to get it on the end? gene: hopefully you have mergers that don't interfere with that. that is the critical things. you have copies like amazon, netflix, google, sony, delivering services over broadband. if the desire is there from consumers the investment will come to build out. a lot of it will be demand driven, because a lot of people want the video product. as much talked about competition, the consumers see their cable bill go up every month, every be year -- every year. prices haven't been coming down like they do in a lot of consumer electronic markets. i think we are missing something on the competitive side. harold: consumers are going to the lower prices. the things you can do with your ipad or smartphone, it leaves a lot of consumers to completely abandon having wires in their home. i think the point you make initially, there is an enormous amount of investment going on in the content side. a lot of the broadband world is companies

netflix. of the show's stars coming up next for you new york state is reinventing how we do business by leading the way on tax cuts. we cut the rates on personal income taxes. we enacted the lowest corporate tax rate since 1968. we eliminated the income tax on manufacturers altogether. with startup-ny, qualified businesses that start, expand or relocate to new york state pay no taxes for 10 years. all to grow our economy and create jobs. see how new york can give your business the opportunity to grow at ny.gov/business >> fox business brief right now the dow jones down 54 points back some fourth action the dow 17,8 73, some of the do you average will include, microsoft intel verizon, ibm, you can see a lot of those are tech names indeed. and we're keeping keeping an eye on energy, it has moved to the highest level of 2015, we also had a drop in the latest eia report, that was a surprise drop at that. you can see that the group overall is a little bit mixed like that winner slightly right now s

that you folks here on the desk do not own netflix.that correct? >> correct. >> why? >> because we're losers. >> there's a reason you chose not to be in the stock. >> i'm a value investor, the multiple is just too high. value investing works for me, i'm sticking to my knitting. >> i never believed in the stock and eye been dead wrong the whole way up. i don't know that it's a slam-dunk just because they go to china that it's going to be an additive thing to earnings any time soon. they're still trying to get profit with what they're doing in other locations, if that's the reason why you're jumping in up 5% on the day. probably not the best idea ever. >> i don't chase stocks, just ambulances. >> i've been in in one, but i've been out of it for at least 100 points here, mel. so unfortunately i was grateful when mark cuban got me into this one and i wish i would have stuck with him on it. >> let's talk yum brands, china-related news, the company upgraded to overweight to neutral. by morgan stanley. the company saying a spinoff of its chin

i've never used netflix. >> what?st started a short time ago, but i'm now a pro. i'll teach you. it's all good. i'm alex witt, and this is "early today." >> does it have lessons? >> sometimes, yeah. what do you got? restrained driver in a motor vehicle. sir, can you hear me? two, three. just hold the bag. we need a portable x-ray, please! [ nurse ] i'm a nurse. i believe in the power of science and medicine. but i'm also human. and i believe in stacking the deck. [ female announcer ] to nurses everywhere thank you from johnson & johnson. fame change me? not so much. i have to stay true to who i am. almay smart shade makeup gets me. and my skintone. perfectly. underneath, i'm still carrie from checotah, oklahoma. smart shade's biggest fan! you've got to try it! almay. simply american. these little angels build in softness. and these little angels build in strength. and that little angel says "weeeeeeeee!" 60% more sheets than charmin. everything you want and the value you love. angel soft. >>> leading the news in "the

with speed and efficiency that would impress even the avengers the collective work caused netflix to the new audio setting to daredevil along with 49 other shows. >> you know, i didn't think my petition would go anywhere. reporter: many people we spoke with here were not familiar with the technology let alone had used it at all so we wanted to ask what do you think? we asked mary macarone and caroline benz to close their eyes and listen. >> i think it was more than i expected. >> it was pretty descriptive, like you could see it in your head. pretty cool. reporter: ryan thinks so, too. the thought of more change -- >> slowly but surely everyone is going to start catching on. reporter: -- is music to his ears. kellye: an add on saturday news extra. it's an extra science lesson just once a month but we'll tell you what it is about the newly formed chemistry club that's making such an impact. devon is back with your mother's day forecast. kellye: some people might be wondering will the sun come out for mother's day tomorrow? devon: eventually. could be a lot like saturday with the cloud

broke down the other day, and bought 100 shares. >> of netflix?tell you honestly i own it. >> you broke down. >> i told you i missed the stock last time. i mean that's on the record. >> is that just -- say you don't think you're going to get a more attractive entry point from that company? >> the valuation relative to other alternatives, is something that we constantly look at within the context of over the top in terms of consumer appetite for content. we like quality content. we like quality distribution, this is a stock that -- mea culpa. i didn't buy it when it broke down to 80 or 82, when reed hastings raised prices last time, it is what it is. >> citi's note talked about it being under appreciated. you're getting yourself into a position. we talk about content all the time. we talk about all the content providers. but this is can a company that's not just on the content side, they have extreme growth in front of them. we've talked about europe for a long time. that remainance area where they're seeing a lot of growth. latin america represent

netflix, amazon prime, hulu. a big chunk of those subscribers belong to netflix.a look at this chart. even they would need to see really dramatic growth for the forecast to become a reality. devices like the chrome cast, fire tv they connect the regular tv set to the internet. people don't need a new smart tv or settle for watching movies on a small screen. companies will need to look beyond the u.s. for their next growth spurt. netflix is pursuing routes into the chinese market. established carriers will need to fight hard to unbundle expensive cable packages or jump into the space themselves. looking ahead to the intersection of design and technology. i want to bring back john mica. he crunched numbers in a new tech report for kleiner perkins and you had some interesting findings. 27 startups have been cofounded by designers including instagram, airbnb, youtube. report13 agencies were fired by tech companies in the last four years. and six firms were hired last year including you john. you are the very first. either perkins was the first to bring in design partn

emily: would you work for amazon or netflix?ly: i wonder, how does silicon valley compare to the other things that you have done? mike: "king of the hill," "beavis and butthead," there was no overall arc. i have also never done live-action television. i have done movies, but you always have 40 crew standing behind me. and i always wonder, what if this sucks and they are snickering behind me? alec: season one, it is like if we screw it up, nobody will notice. now that people are watching and we have a little buzz, we cannot fail quietly. emily: the entertainment landscape is so fragmented. certainly so different different from "seinfeld" and must-see tv. i wonder it is different for , divorce how is it different , for writers and creators? alec: it does not feel that different to me. you have to do something that is good and make it as funny as you can, and you can't listen to people who want to make it something it is not. mike: one thing that is different is the nature of hbo with almost no interference from the network. it is

coming up, netflix may be teaming up with jack ma.t the company will the plan to expand in china. self google's driving cars are about to hit the streets. and one of the highest profile vc firms run by women is getting ready to raise its funds. first, to our top y

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what did netflix teach us? they taught us principally it is about the app the user experience, user interface. we adopted an app essentially that put that plug and play experience together and allows you to search for content, find content puts that plug and play experience together and allows you to search for content and find content in a way you're used to doing on other application. we have preempted ott a little bit in europe. we've launched our own version of netflix called my prime. it's available on every device. in end it's about plug and play. if you keep it simple and offer consumers what they want why would they get rid of one or the other? it's a package. >> it is a story that gets missed all the time. if you look at video consumption globally, there is more video consumption going on in the world or domestically. much that of is because of the companies sit thong stage have made. whether you want to talk about cloud-based dvrs or multiple tuners or we made a reference here a moment ago about 90 tv

the purchase of netflix. largest wireless carrier in the u.s. and at&t is the largest provider. >>> 45 million people do not have a credit score at all. the consumer financial protection bureau found that 46,000 -- the information is so limited they are unscorable and minorities and people with no work history had a less rate. >>> the infection of hepatitis c an infection of the liver can progress to liver cancer many patients are forced to stop taking the traditional medication because of side effects, at duke university they combined drugs and eliminated 90 percent of the virus. they still need fda approval. >>> now the "action news" team is out working on news stories beginning tonight at 4:00. alicia vitarelli is here with more. >> coming up today in big talkers its 64 seconds of pure determination, you don't want to miss this video of ft. dix of a female soldier finishing a march that most fail. >>> and the scarlet knight may be getting company, why the student assembly at rutgers university wants to add

thank you very much. >> so you love netflix. everyone seems to love netflix. >> the product or the stock? >> thank you, keep me honest there. i have been bullish on 412 of so i've missed this move up. this is shocking for me. for me, i'd rather be in a name disney if i'm talking content versus netflix at this point because if the market turns around, this will be the most susceptible to a huge sell-off. >> they have more content more so than any other year in their history. >> i think they're getting enormous amount of credit for that. when iary about this i want to get to the advertisers, it's all about facebook and google. they're not getting credit. they are taking market share, i think googt is the one that gets no credit for, i think they can be bigger at that point. that's electric. >> you hear about 65 billion dollar deal they are at the forefront. before this is all sid and done, why wouldn't it happen? i'm not a fan up here. the level to buy it 500. it comes back to that breakout level. >> i would say disney the content

i think netflix could have a billion subscribers by sometime in the early 2020's. do not think there is any reason why it cannot be gigantic. ♪ emily: a lot has been made about the power of the sharing economy, in companies like uber and lyft. which i know you are an investor in. you recently tweeted, "perhaps the single, biggest key enabler for the sharing gig 1099 economy in the u.s. is the affordable care act." a.k.a. obamacare. i know you have been a republican donor, and some republicans want obamacare repealed. what would you say to them? mark: if your health care is not tied to your employer, you can switch jobs anytime you want. it turns out, even if you hate obamacare as a government takeover of the health care system, you should still love it because it makes possible for people to pursue their own dreams as opposed to getting tied to one job. emily: there has been a conversation in san francisco going on about inequality and responsibility of the tech community. you mentioned tech companies that are part of the stanford hospital project. mark benioff has