the american people to finally void thatill the exists today because there are enact open finally .nternetules >> that was chairman wheeler again defending his proposal, making the case that he is not that far removed from some of his critics out there, including some of the protesters in the room, but there is still a long way to go here. >> what i like about the way you have been covering this story is we have been so focused on business when some of the others are focused on consumers. what has business reaction been to this proposed new rule? >> we certainly have heard more so far from internet service providers, broadband providers. verizon and at&t issuing statements, saying nice things about the open internet, nice things about the fcc, but clearly saying that if they reclassify the service, that is a very bad thing. let me walk you through a quick statement from at&t -- it would represent a tragic step in the wrong direction. that is the sort of reaction we are getting from providers. >> interesting stuff. thank you very much. we are going to look at these proposals and talk about

so why are we here at exactly what is net neutrality or open nternet? let me start from a place where i believe most of us can agree, that a free and open exchange of ideas is critical to a democratic society. consumers with the ability to visit whatever website and access any lawful content of their choice can interact with their choice can interact with the government, apply for job, r even monitor their household devices, educators having the possibility to access the best digital learning tools for themselves, and students in health care treating patients with the latest technology, all of this occurring without the services or content being discriminated against or blocked, all content being treated equally. small startups on a shoestring with novel ideas, having the ability to reach millions of people and competing on a footing with those established carriers and their considerable budgets, innovation abounds with new applications, technologies, and services. at its core, an open internet means consumers, not a company, not the government, determi

the nasdaq, in terms of tech and .nternet ipo's, had fewer fast-forward to 2012, through the first quarterr, nasdaq,se more in the $21 billion, 45 on the nyse, about $9 billion, the nyse has linkedin, pandora, twitter being the most high-profile. nasdaq had facebook, that is why the dollar figure is the biggest for the nasdaq, but as we know that did not go so well, so that has given at least more recently a bit of an edge to the nyse. it is difficult to say how this one will go. >> julie, thank you so much. alibaba may become the most valuable internet company after google, but its fortunes are intertwined with another major player, yahoo!. they will likely sell a portion, giving it a hefty cash windfall. what will they do with all that money? christina g has been looking into this. people have been buying into it because of yahoo!, they have gotten those properties for free in that whole paradigm. what happened after the ipo? >> yahoo! will likely sell 40% of its stake. depending on the valuation you something between $10 billion and $50 billion. we will see how much they pay out in taxe

i assume it's connected with the .nternet guest: it is a virtual currency created out of computer codeso it is essentially traded over the internet. is no physical item that would hold for bitcoin but really the case with most currency. there's nothing technically backing the u.s. dollar other than the full faith and credit of the united states government. hasn't been backed by gold for decades. currency created as an alternative to other currencies. shows aboutntire bitcoin. there have been shows here and about what should be driving bitcoin. but that's a clear example. chart,pull up any they're all over the internet. just type it into google. you'll see any chart of the asset value. bitcoin. it bounced around in a low range for a while. over the last year you've seen these incredible spikes in bitcoin values that are just .efy logic there are people who believe that this is the wave of the future that you're going to have currency that's driven by knock more than the people it and are driving its value. host: it took a hit, right? hit.: a huge but it is still inflated beyond would ha