whoe turn to cory johnson is with me in the studio as well as paul sweeney in new york. she could not get very specific. you basically lead out every possible option. what do you make of the response? >> we were previewing her talk. i said to mark crumpton who is theoring the show that question of what is yahoo! comes up. questions a relevant for this company. it has over struggle between being very involved in search and being a technology company. she handles that question artfully so. efferents a competitive set when it comes to subscriptions in the market. the alibaba state, she wouldn't talk exactly how she would spend that money. yahoo! to havere a clear method of what it is. >> paul, there are a lot of questions of what yahoo! is the bat -- about. the share price of alibaba, what do you think of it? >> many investors view yahoo! as a technology driven media company. real think about the opportunities and mercer mayer and the management team of what to do, we think the proceeds of this will be north of $10 billion. i think we will find is that they will do somethin

joining me now with more is paul sweeney. you have never seen "24"? i think i alien?> will get sucked in this time. >> the first season was absolutely the best. >> why bring something back in the form of a miniseries? >> it is a great character, a great series. the movie industry brings back sequels and prequels all the time. why not television? fox is bringing it back as a shorter series. 12 episodes. i think that reflects the fact that people, viewers have a ofrter time horizon with all the programming options that are out there. aey are simply trying to do smaller, shorter duration series. that is where viewing habits have evolved. is binge viewing where we are going? is this what we can continue to expect? >> i think we will see more and more of this. network television has become more of a year-round strategy of programming. we're starting to see more and more networks program around the whole calendar so that they have more flexibility to introduce a shorter series, longer series, flexibility to vary the format. weeku don't want to wait a to binge for you. they

and to paul sweeney.directv combination will be a hot topic facing fcc chairman tom wheeler on capitol hill this morning. he can expect a grilling over has just proposed new internet rules on net neutrality. peter cook on the hill with more. it is going to be a challenging morning for wheeler but he seems to be used to it. bracing for ae tough morning on capitol hill. he knows it is coming and he has offered a spirited defense of his actions at the sec over the last couple weeks. expect nothing different today from tom wheeler when he testifies in front of the house energy and commerce subcommittee that has jurisdiction over the fcc. his first trip to this subcommittee and six months. he will hear about the idea of consolidation within the media industry and more specifically on his proposal for net neutrality. the possibility that the fcc might allow fast lane for contact. the same time, the sec might regulate internet service providers more aggressively. this is what the chairman of the full committee h

were talking to paul sweeney a bloomberg industries. >> alix steel joining us. thank you so much. theext we'll check situation in latin america and the latest on brazil's economy. bottom line on bloomberg television continues. >> a river series threatens to man --e serbia posner serbia's powerplant. at least 35 people have died in serbia and bosnia in the five days of flooding caused by unprecedented torrential rain. it is the next phase in the search for that missing malaysian jetliner. a chinese ship will start mapping the seabed off of the west australia coast this week. officials believe the boeing 7077 crashed into the southern indian ocean back in march. finding ways to attract foreign investment is one of the things on president obama's to do list this week. he's convening business leaders tomorrow at the white house to advertise success stories in the face of continuing public anxieties over jobs and the overall economy. that is a look at the top stories in the news at this hour. today's latin america report. authorities in colombia are trying to piece together what led to

paul sweeney is an analyst for bloomberg industries who's been watching this, he joins me now. ul sweeny, welcome to the program. for those who don't know, explain more about what alibaba is. >> sure, alibaba is by far the dominant e-commerce platform in china. as you mentioned, it's really a combination of amazon, ebay and even google, if you will. so it's really the dominant player in china and, you know, china is the largest market in terms of internet usage. it is an extraordinarily fast growing internet market, an extraordinarily large e-commerce market with tremendous growth rates and alibaba is actually in the middle of it all so they have a dominant position in e-commerce in china. >> woodruff: who owns it now and why are they coming to the united states and the u.s. financial markets to go public? >> some of the owners right now, the larger owners would be a japanese company called softbank, and also yahoo, a well-known u.s. company, owns about 24% of the company right now. they'll sell about half their holdings in this i.p.o. and then the other owners are some of the f

paul ii made his own. the last was from penn debt -- pope benedict xvi and pope francis's visit that got under way an hour ago. coming up at 7:30 we'll take a closer look. luke sweeney will join us to look at the expectations for the trip and the balance of separating religion and politics. >>> breaking news out of somalia. there has been an attack on the parliament building in mogadishu. six fighters are dead after a car bomb exploded. al-shabab is claiming responsibility for the attack. we'll have more details as they become available. >>> well, ukrainians head to the polls on sunday to pick the next president. the vote could be a crucial step towards resolving the crisis. separatists in the east threaten to block the vote. dana lewis joins us from the capital kiev. it's been a violent run-up to tomorrow's elections. what is the security situation like where you are now, and to what degree is the government stepping up efforts to ensure peace of elections? >> reporter: well, good morning. they say that they are stepping up effort, but, i mean, we know that it is a great challenge for them. in kiev we are told around maydan square, they've been stepping up security