the morpheus is made for playstation 4.have known people interested in this kind of stuff and we can deliver software to them. we kind of control our own destiny. we have a new controller, the dual shock 4. every unit is the same. when a game developer makes it you know exactly how it will be experienced. you don't worry about drivers or anything. the person buying it, they know they can just plug it in. >> is the technology so unique that it can't be replicated? samsung tried to get the attention with their oculus glasses. you guys are going your own way completely. are there really essential patents or differences in the two kinds of technology between oculus and sony or others? >> there is a lot of commonality between the systems. sony has a lot of experience in areas that make sense for virtual-reality -- display audio, optics. all of these things in consumer devices. we are good at all of those things, so it's a natural fit. other companies have elements of that as well. unfortunately, on the pc side, devices range fro

you got to go to school to learn playstation, man. the first thing i played, they were like, hey, man, how come you're not playing? "i don't know what i'm doing. there's too many buttons on here for me. buttons on the bottom and buttons on the top. i may not be a smart man but i know some difficult stuff when i see it." [ laughter ] >> gas prices man. >> gas so high man, i seen a pimp picking up his woman in a mini van. he said all my money's going in the tank. he went and bought a shuttle, tony. he had all his women in the shuttle. >> everybody is in a hearse. you know you can't go nowhere, you turn on the tv, what you see? nascar. 200 miles an hour, wasting gas. it's amazing. >> i'm going out of here, taking my foot off the gas, trying to save money. they going around in circles wasting gas. it's time for me to put the cadillac in the indy 500. fill me up, give me four tires. >> all these women say sugar, where the cadillac? i say ♪ it's hard out here for a ♪ >> tony, i heard you just quit smoking, man. >> i smoked for ten years. a

marks: we have like 22.2 million playstation 4's already out there.an installed base of our hardware platform, and we can kind of control our own ecosystem. the morpheus is made for playstation 4, and we have known people interested in this kind of stuff, and we can deliver software to them, new experiences to them. so we kind of control our own destiny. we have known controllers. the dualshock 4 and playstation move. and every single one of these units is the same. so when a game developers makes a game he knows exactly how -- the experience. because you don't worry about drivers or anything like that. for a person buying it they know they can buy it plug it in and it will work. they don't have to worry about the complexity. cory: is the technology so unique that it can't be replicated? samsung tried to get some attention and continues to try to get attention with their oculus glasses made by samsung. you are going your own way completely. are there really essential patents or differences in the two kinds of technologies? dr. marks: there is a lot of

they were waiting to buy sony playstation 4. and playstation vita. chinese authorities had band the sale of gaming devices in 2000 saying they would have a negative effect on young people. but consumers were able to buy consoles and software smugged into the market. the government lifted its ban last year. >> translator: we don't have to buy smuggled products anymore. i'm so happy and relieved. >> chinese authorities are now screening game consoles before they go on sale. >>> well many japanese automakers are expecting record profits this fiscal year. thanks to brisk overseas sales. but the outlook for the domestic market isn't as bright. that's because tax authorities will remove some of the breaks enjoyed by owners of popular mini vehicles. officials at the japan automobile manufacturers association say it predicts total domestic sales of 4.9 million vehicles in fiscal 2015. now that's down from 5.4% from the projection for the current fiscal year and would be the first time in four years for the figure to dip below the 5 million mark. just around

the playstation four goes on sale in china. time for a check of your bloomberg top headlines.ong dollar getting tiffany's hard. profit will fall 30% in the current quarter due to the issues. sales were flat or in all markets except the asia-pacific. phillips is nearing a deal to sell its lighting components. firms have offered to buy 80% of the unit. $2.7 billion. phillips and their rival have been exit the bulb business. google has created a tablet to help doctors fight ebola. this tablet has a thick waterproof case so it can be dumped into a chlorine solution strong enough to kill ebola. it is charged wirelessly. smart phones helping the blind to see. several features assist blind and visually impaired through voiceover gps. it has improved the lives of people who are visually impaired . this is really fascinating stuff. what capabilities come shipped out of the box? >> another great thing about the ios devices. the tablet has a set of features -- they improve access for people with disabilities or people who are older and need a little larger text on the screen. one of the

sony is selling playstation bureau in three cities -- playstation view in three cities.rs get on-demand and live programming. a quick correction -- i said more about roy -- rory mcilroy won the masters. he won the u.s. open. musicians and comedians and artists had to spend this the penndot or luck to make it -- had to depend on pure luck to make it. a company is taking a step further. no label come in a publishing company, no middlemen. artists and their fans connected directly. how does the business work? exactly like you just said. there is this new emerging creative class that is not 1000 people, 5000 people it is hundreds of thousands of people growing up to become creative bunch of norse. -- creative entrepreneurs. it used to be that there were three pipelines to the people. people who controlled those pipelines. it is not that way anymore. if you have something great to say, people will listen. >> how does it work? >> you create a page and then you go to your fans through whatever channel you happen ask them to help you. a dollar per video or five dollars per web c

. >> pam: sony has launched playstation vue. 50 dollar a month subscription service delivers tv over the internet to playstation consoles and it comes with a d-v-r-like service for live programming and on-demand shows. >> pam: you can watch more than 80 channels on vue, but you'll have to pay more for certain stations. >> pam: vue lauched only in chicago, new york and philadephia but sony expects to launch vue more widely in the coming weeks and months. >> pam: the famous board game monopoly turns 80 today. today marks the 80th anniversary of monopoly.the world's best-selling board game. >> pam: the patents for two versions of the real estate game were bought by parker brothers in 1935. hasbro now distributes monopoly.and it is translated into 47 languages and played in 114 countries. >> pam: monopoly has sold more than >> pam: a full hour of entertainment news is one the way. at 7:00 it's the insider followed by entertainment tonight at 7-30. >> pam: then we're back with kron 4 news at 8:00 >> reporter: tomorrow is the first da

sony's playstation for will reach stores in china 10 days from now. -- playstation four.an on game consoles ended recently. sony is banking on playstation four to lead the turnaround. the conductor and 54 people hurt when in amtrak truck -- train struck a tractor-trailer. the third serious commuter train crash in less than two months. the plane took off from -- bound for india. it is on a historic trip. coming up, let's go shopping. the bid for -- a good day for the dollar trading at a seven-year high against the yen. more on that surge, next. ♪ >> and mover that is not a stop over but a crazy one. u.s. dollar trading against a basket of currencies. watching in particular versus the yen. the highest since july of 2007. continuing speculation we will see u.s. rates move higher that is affecting the currency market as well. hewlett-packard, we have an upgrade for that stock over ubs to buy some neutral. he says the pullback present a buying opportunity. he's looking at the some of the parts valuation of the stock. he puts it at $43 a share, above where the stock is today. w

and sony's playstation four goes on sale there, but with certain drawbacks. time now for the bloomberg top headlines. a strong u.s. dollar hitting tiffany hard. not only is it losing tourism, but reducing spending. profit will fall due to those issues. in the fourth quarter, profits down in all markets except asia pufk pacific. its fourth batter profit was up 298% from last year's loss. phillips has reached a deal to sell its lighting units. private equity firms agreed to by 80% of the unit. phillips and rival siemens have been looking to exit the bulb business to enter more lucrative medical tech markets. and google created a tablet to help doctors fighting ebola. replaces shouting pulse and temperature through the walls of high-risk contaminated areas. this tablet has a thick, waterproof case so it can be dumped into a chlorine solution strong enough to kill ebola that would cause chemical burns if it touched the skin. it's charged wirelessly by being placed on a table. smartphones helping the blind and visually impaired people see? yes. you may not know it

le hicimos lo que pensamos que lo que Él querÍa, como un carrito o un juego para la playstation, y entoncesmbre entrÓ a la familia y violÓ e intentÓ degollarla pero logrÓ degollar a dominique. el hermanodela vÍctima violada. >> dominique se tirÓ encima de el agresor. >> quÉ te mostro? no sabÍa que,esto, sufrio, whatever que el hizo, el creyo que dejo a dos personas muertas, pero nosabÍa el poder que tenÍa esa niÑa. >> dominique es considerado el hÉroe mÁs pequeÑo. el recipiente mÁs jÓvenes en recibir una medalla. >> Él decidiÓ ayudar a su hermana que tenÍa 12 aÑos. Él habÍa cumplido los 12 aÑos esa misma noche. no sabÍa de esta casa de dÓnde se metiÓ. no sabÍa el nombre de esos nenes, no sabÍa nada. era un desconocido. entro a esta casa sin saber el que habÍa un hombre ahÍ, en esa casa, en un cuerpo y un niÑo. >> dominique, celebramos tu dÍa hoy. >> dominique, circulares. feliz cumpleaÑos. ilia: bueno ahora pasamos con nuestro meteorÓlogo eduardo rodrÍguez, eduardo cuÉntanos cÓmo estÁn las colisiones de el tiempo... eduardo: gracias, estÁ despejado obviamente en nuestra zona y ha estado nev

so that could be netflix, a combination of netflix, amazon prime, sling tv, playstation view, cbs hasble replacement. so we're still looking out for that. and at the end of the day, the second point here is that it might not be cheaper than cable. so by the time you finish piecing together your package, it could end up being more expensive. the biggest problem for cable cutters is sports. if you do fantasy sports, you're probably interested in games outside of your region and you're probably interested in watching almost every game in a variety of sports. that's not easy because of blackouts. >> and you need an internet connection just to stream all that stuff too. >> you do. so you can't cancel it. and you need a strong connection with a lot bandwidth to use more data and in some cases you might need to upgrade your connection. >> so the price goes up and it may be best to let this play out. >> reporter: yeah. so by the end of the year we should get more options. there's rumors that apple might have its own streaming option. so my advice is if you find out that cutting cable isn't ye

. >>> playstation user can now access millions of songs when they're gaming.unched its new playstation muse wick streaming partner spotify today in 41 countries. users on the ps-3 4, and sony smartphone tablets can now link their accounts to spotify. customer who is still had active a accounts with sony's unlimited music service can also get two months of spotify premium for free. >>> you may have seen some of music's biggest artists changing their twitter pictures to blue today or the #tidalforall. it's all a sign of support for jay d's newly launched tidal music streaming service. unlike spotify and pandora, there's no free version. basic accounts cost 10 bucks a month, but you'll have access for $20 if to all they call high fidelity sound quality. >>> this case caused a lot of concern at some local bars pap local man who was hiv positive admits to having unprotected sex with women. new tonight, his punishment. and what one of the victims said today in court. >>> changing the game for nursing moms. the professional ballpark that's sporting a new vip space fo

trajimos lo que pensamos que Él habrÍa querido en su cumpleaÑos como un carrito, o un juego de playstationd en el dÍa en el que cumplÍa sus 12 aÑitos. >> recuerdo que recibÍ la llamada telefÓnica del horrendo acto que se habÍa producido. reportera: el jefe de policÍa no olvidar esa noche en la cual osvaldo rivera de 31 aÑos de edad a quien considera un monstruo entro al hogar de la familia violÓ a amber intentÓ degollarla pero logrÓ degollar a dominique quien la defendiÓ. >> se tirÓ encima del agresor causo una interrupciÓn. para que su hermana escapara. >> ese monstruo no sabÍa... que vengo a dos personas muertas. pero no sabÍa el poder que tenÍa esa niÑa para correr por ayuda. reportera: dominique es considerado el hÉroe mÁs joven y recibiÓ una medalla de honor por parte del congreso. >> decidiÓ correr a ayudar a su hermana. que habÍa cumplido 12 aÑos ese mismo dÍa. no sabÍa nada... Él no sabÍa nada de esa casa. no sabÍa los nombres de sus nenes... era un completo extraÑo. que entro a esa casa, sin saber que habÍa un hombre ahÍ. en esa casa. en el cuerpo de un niÑo. reportera: dominique

the music service is rolling out on playstation 3 and consoles with a new app. replacing sony's own brand, music unlimited in part because spotify is available in more countries and offers a deeper library. the service is free of ads -- free with ads or $10 a month commercial free. >> got to pay to get that clean screaming there. >>> what's old is new again. the hopes of reviving its luxury image, ford is bringing back the lincoln continental. >> the automaker retired the brand 13 years ago, but today ford will show off a prototype of the luxury sedan ahead of the new york auto show which begins this weekend. the new continental will hit dealer showrooms next year as ford aims to triple global sales. >> sounds like a "knight rider" thing going on. >>> a rough landing sends more than two dozen people to the hospital. we'll hear from terrified passengers on board that air canada flight, coming up next. >>> nfs just in to our newsroom, prosecute yours say the germanwings copilot was treated years ago for suicidal tendencies. investigators suit up to taux to his par

there is a playstation three blocks from here. >> reporter: but police say tracking down stolen equipment is nearly impossible. >> gonna explore all. different avenues. we will be on craigslist, ebay, local markets, what have you. they are out there. going 40 different directions with a couple of different people times gets tough. >> reporter: the owner of music loverrers is preparing to put gates over his windows and he will clean up the mess he's facing with his car. >> this is no surprise. now i have to deal with my car. >> reporter: now, san francisco police have been out here combing the area for surveillance video as well as dusting for fingerprints and my colleague will be picking up the story. if that surveillance video is released, we'll be sure to bring it to you, tori. >> all right. thank you, katie. this burglary comes five days after another smash-and-grab at a high-end audio store 11 blocks away at california an polk street. police say someone in a pickup truck backed into audio vision several times and made off with boxes of merchandise. these are surveillance photos of tha

destiny which is a great thing and there's competition maybe which platform but if you're on a playstation 4, our morfeus is something you'd be using. >> reporter: with plans for selling in 2016 they're preparing for the next wave of gaming. >> i love virtual reality and i honestly couldn't be more excited to be part of this explosive launch. >> reporter: with most gaming hardware companies developing games and headsets, they count on the excitement to turn virtual reality into real profits. for "nightly business report," i'm julia boorstin in san francisco. >>> abercrombie posted a big drop in sales during the holiday quarter and that's where we begin tonight's mashlgt focus. the teen retailer set a strong demand for logo-centric clothing. the shares way down off 15.5% to $20.27. another teen retailer's earnings told the opposite story. american eagle managed to beat on both the top and bottom lines as fewer promotions and improved merchandise lifted and started experimenting with one size fits all clothing which helped it stand out. popped more than 7% to $15.96. bristol meyers squib saw

sony plans to begin testing its version called playstation view this spring with up to 75 channels. but sony's been vague on pricing so far. whatever the content costs, don't forget that you have to add the price of your internet service, your broadband, because you won't be able to watch any of these services without it. >>> athe photo shop maker aadobe's profits rose. shares fell initially in after-hours trading before the close. the stock was almost 2% higher to $79.66. >>> shares of mgm. resort surging on this down day as an activist made an investor presentation advocating the company convert in a real estate investment trust or a reit. the firm saying mgm could unlock shareholder value and it wants to nominate members for the company's board. the stock rose 15.5%. >>> dfw beat street's estimates on both top and bottom lines. the shoe retailer also saw same-store sales rise. it will hike its dividend to 20 cents a share. its dividend yield is around 2% were the stock grows 4% to $38.33. >>> burlington stores impressed with strong results today. earnings jumped nearly 50% in the

sony's version of virtual reality expected to be released for its playstation gaming system sometime next year. and when i say i was in, i was in! i think i'm out of bullets! need another clip. i was in a gun battle and bullets were flying by my head! it was terrifying! >> not a lot of people have had a chance to try it. they will see how powerful it is. >> reporter: it will first be vr for games and then imagine what it can do for education, kids walking on the moon, movies in 3d surrounding you. the sky's the limit. >> it's exciting for 2016 and 2017. >> reporter: the virtual is getting real. mike sugerman, kpix 5. >> you knew he would have fun with it. sony hasn't said how much it will cost. it will probably be hundreds. >>> a mother firing back at people who mocked her 2-year- old daughter online. >> i never knew people could be so cruel. >> a picture of mariah was posted on facebook for her birthday. south carolina girl has a rare genetic condition that can't be cured. however, some people decided to mock mariah and made names of her that went viral then a tv station did a story

the intruders got away with a tv, a playstation and some video games. >>> prosecutors say both men charged with the murder of philadelphia police officer robert wilson iii fired the shots that killed him. the court postponed the preliminary hearings originally scheduled for yesterday for carlton hipps and ramon williams. according to investigators the two men tried to rob a gamestop store in north philadelphia. officer wilson was inside that store buying a game for his gun. he stopped the robbers but died in a shootout. prosecutors say they plan to show surveillance video of that shootout at the rescheduled preliminary hearing. >> it's going to take a lot of time to put the video evidence on, all the forensic evidence that was recovered, the analysis of the forensic evidence the crime scene, witnesses, it will be a lengthy preliminary hearing. >> the hearing has been rescheduled for may 20th. >>> philadelphia mayor michael nutter is creating an independent board to oversee the police department. the new civilian oversight board is aimed at improving training investigations and community re

the intruders got away with a tv, playstation and video games. >>> happening today, the woman convicted of kidnapping a 5-year-old girl from a philadelphia elementary school and raping her will learn her sentence. nbc 10's matt delucia is live at the criminal justice center in philadelphia with details. matt, this is two years in the making here, right? >> reporter: yeah, that's right, chris. and sentencing has been pushed back three times now. the district attorney's office has been pushing for a life sentence. now, she was convicted of charges including aggravated assault and kidnapping. the former day-care worker took a 5-year-old girl from a cobbs creek elementary school back in 2013. prosecutors successfully argued that she took the girl home put her under a bed and sexually abused her, later leaving her alone in a nearby playground. regusters's family and the victim's family have been emotional throughout. regusters herself showed no emotion and has undergone a mental evaluation. the maximum sentence would be life in prison. we'll let you know what happens. for now live at the cri

the intruders got away with a tv, a playstation and some video games. >>> today the woman convicted of abducting a 5-year-old girl from school holding her captive and sexually assaulting her numerous times will learn her prison sentence. nbc 10's matt delucia is live outside the criminal justice center in center city philadelphia. matt it has been more than two years since we first reported these crimes. >> reporter: and rosemary the district attorney's office has been asking for a life sentence in this case. christine regusters has been sitting in a jail cell since that guilty verdict last year. now, christine regusters was convicted including aggravated assault and kidnapping. the former day-care worker took a 5-year-old girl from a cobbs creek elementary school in 2013. she walked in wearing muslim garb and claimed to be the girl's mother. now, prosecutors successfully argued that she took the girl home blindfolded and stripped her, put her under a bed and sexually abused her in a brutal manner. later leaving her alone with a t-shirt in a nearby playground. regusters' family and the

playstation has its view service. it offers live and on-demand programming.he sale of cds in other physical formats fell 20%. those are your top headlines. olivia: who is still buying city's? don't go away. plenty still to come on "bloomberg surveillance." electric car sales are gaining traction. in 30 minutes, the winners and losers of march madness. tom: very good. on oil, this is not your mother's grandmother's collapse. it is a key theme for edward morse -- oil must touch in the area of $20 per barrel to clear massive oversupply. we are down to $43. how rapidly are we going to get to $20, $25? edward: if we have it for another five days, we will have oil in the 30's. oil in the 30's means we have a government that does not allow exports and the only give is to either lockout imports, which is really hard, or to chain production. tom: when you speak at the council of foreign relations you can hear a pin drop in the room because you talk about the minutia of pipelines. what is different about the american pipeline system now versus midland, texas of a milli

morpheus is made for playstation 4.e have known people interested in this kind of stuff and can deliver software to them. so we control our own destiny. every single one of these units is the same. when a game developer makes the game, he knows exactly the experience. do not worry about drivers or anything like that. for present driving if they know they can buy it and will just work and do not have to worry about the complexity. quite is the technology so unique it cannot be replicated? >> samsung tries to get attention with the oculus glasses. you are going your own way completely. are there essential differences in the kinds of technology oculus and sony and others? >> there is commonality between the systems. sony has a lot of experience in areas that makes ends. audio, optics. obviously consumer devices in general. we are good at those things so we are a natural fit. other companies have elements as well. the devices range from a piece of cardboard all the way up to a very high end system. on the console it is more

they transformed themselves in a matter of months from kids playing playstation to hardened fighters believed that he can be removed, really. >> extraordinary. >> yeah. >> how quickly after the uprising started did you begin to think that, wow, this is possible, that we might actually win? >> the first day. >> first day? >> yeah. >> the day before, you figured, impossible. >> it's impossible. >> we'll be stuck with this son of a bitch forever. >> forever. >> and then a few hours later, it's like, wow, this might work. >> seeing groups with you going toward the martyrs square, demanding their rights, at that moment you feel that you can do anything, that this -- you can -- this is going to happen. if it didn't, well, i'll die trying doing it. at least we'll die like men doing it. ♪ >> so much has changed around town. so much is changing. new music, graffiti. these things, they mean something. ♪ [ chanting ] >> but centuries of strict social and religious values keep some things solidly the same. alcohol, for instance, is strictly forbidden. men and women follow hierarchal roles as bef

they will put sony and playstation gamers with the pollution that will take over everything. >> okulous ownered by facebook was here as the game developer's conference to try the latest project. >> that's the secinology that fades away and you are experiencing something as if you are there. >> they opened up to 30 parties making accessories like this treadmill. what if you could run around. >> get rid of it. >> you now have a use for the room. >> that's the newest head set with the giants. it uses lasers to track where you are. >> you are not looking at something, but you are walking around it. it becomes where you are more than what you are looking at. >> they have the ability to take us to a different world. along with that comes a responsibility. everything has to work just right. or you may not have a pleasant journey. >> nothing ever blurs and moves. >> sony wanted to make it blindingly fast and comes a little delay and makes a difference. >> you make it good. that's why we focus on it. >> none of them are on sale. they are quoting developers so when you buy one you will have aweso

the intruders got away with a tv, playstation and some video games. >>> don tollefson was once the highest paid sportscaster in philadelphia. this morning he's getting ready to serve two to three years behind bars. he was convicted of scamming people by selling bogus sports packages and pocketing the money. judge ordered him to pay back more than $160,000. >>> happening today, a hearing in philadelphia will take a closer look at governor tom wolf's moratorium on the executions in pennsylvania. members of the house judiciary committee who oppose the ban are holding the hearing at city hall at 2:00. they'll listen to testimony from the families of murder victims. the state supreme court is deciding if the moratorium is legal. >>> also happening today, family, friends and fans will come together to remember eagles legend chuck bed narknarik. there is a private mass for family and friends tomorrow. the hall of famer known as concrete charlie died over the weekend at the age of 89. he played offense and defense for the eagles from 1949 to 1962. >>> and now to the race for mayor in philadelphia.

richard marks direct's playstation's role for sony.hard, good to see you. >> great to see you. >> tech radar calls this the answer to every gamer's dream. what is so different about the new morpheus from the old product? >> well, with the new morpheus we have a lot better screen that is instead of the lcd screen. and also it has a wider field of view and a much lower latency in persistence, so it feels much more real when you put the headset on. >> richard, i'm wondering, when this has its big launch, what is going to be the experience? what is going to be the type of game that's going to make people beyond just the hard core who already know about this, feel like this is a must-have? i mean, with every gaming system we have, the flagship game, whether it was nintendo or mario bros, things like that? >> what i think the killer is the vr, virtual presence. everyone would like to visit somewhere else, mars or hogwarts, just standing in a place like that is a killer experience. >> how far away are we, richard, from people being willing to

playstation view offers 50 channels depending on the level of service.s a month and available in new york, chicago and philly. cbs, nbc, fox included but not abc with this service or other disney owned channels. not part of the package. >>> starbucks will test two with different delivery services this year. when partners with the service postmeats. to bring hot coffee to members of loyalty program. they will also be able to order using the starbucks app. the other will test -- it covers only one building the empire state building. an employee will ride the elevator from the starbucks store. i tried yesterday a latte with coconut milk. i decided to do the paleo diet this week. which means no dairy, no grains and no sugar and the coconut was really good. >> it was good. you said you started it this week but you are going to continue with it? >> i had a little rice pudding. >> you cheated already. >> yeah. >> after a week. >> i was getting grumpy. when you are grumpy and mean to people. >> this is nice today. >> i had a little spoon of rice pudding. >> keep

if you look at prices already out there, for instance, we found out today, sony playstation view willr cheap 85 channels, 49 bucks. 80 bucks for 200 channels. where will you save money? you will change pie. control won't be same. consumer will control it. if you save money? don't bet on it. david: apple takes technology there find as nice way of packaging it won't save you any money. >> it won't save you any money but it will be simple and elegant. it is apple. david: adam shapiro, thank you very very much. we asked you if you think the market is overvalued. spence says the market says it is overvalued for a year. riding option is only investors have. dan says, the market is not overvalued. within a normal range. stop trying to use scare tactics on us. we're not trying to scare anybody. we're telling you what it is. the fed made the decision. that moved the markets. tomorrow it could go the other way. we hope you tune in to find out. "the willis report" is next. gerri: hello, everybody, i'm gerri willis and this is "the willis report," the show where consumers are our business. >>> ap

the intruders got away with a tv, a playstation and some video games. >>> today a judge is expected to sentence the woman convicted of kidnapping a 5-year-old girl from a philadelphia elementary school and raping her. nbc 10's matt delucia is live at the criminal justice center in philadelphia with details. matt? >> reporter: well, sentencing for christina regusters has been pushed back three times now. and the district attorney's office is pushing for a life sentence. christina regusters was convicted last year of charges including aggravated assault and kidnapping. the former day-care worker took a 5-year-old girl from a cobbs creek elementary school back in 2013. prosecutors successfully argued that she took the girl home put her under a bed, and sexually abused her, later leaving her alone in a nearby playground. regusters' family and the victim's family have been very emotional through all of this. regusters herself had no emotion after the verdict and has undergone a standard mental health evaluation. again, the maximum sentence will be life in prison. of course, we will let you

they had the number one console, sony playstation 4, but i can't see a lot of catalysts going forwardu've reaped those benefits, i would sell it and lighten up. >> let's get a check on shares of adobe movinglower. jon fortt monitoring the conference call joins us now with the latest. >> hey, melissa. the news might not be as bad as the numbers looked right after the bell. here's how adobe has been describing things. yes, the subscriber number was a little bit lower than wall street had been looking for, but adobe said it was in line with expectations and they don't seem to be using currency as an excuse for other things. they say that fx has had no effect on subscriber adoption to their cloud sweep. they say that the mix has brought the average revenue per user down across the cloud. people are adopting some of the lower priced offerings, but within their categories in the cloud, average revenue has been stable and they are forecasting higher subscriber growth in q2, q3, and q4 now. their guidance was a little weaker than wall street had expected, the mid-point of the guidance range i

joining a host of tv streaming options including dish's sling tv and sony's streaming tv service playstationw. now remember that these internet services will still need a broadband connection to the home which would benefit those providers like comcast and verizon. for the media companies, this is all good news as there is another buyer for content. traditionally new entries into the space always pay more so that means that apple along with sling tv and sony are likely paying more than their traditional cable rivals. now as for the reports that there's bad blood between comcast and apple, my sources tell me that's not true. but it is possible that apple is waiting to negotiate its deal with nbc universal and comcast until it has all of its other deals worked out. why? because the terms of comcast acquisition of nbc universal cnbc's parent company, state that of all nbc's competitors are participating in an internet tv service then nbc universal could be compelled to participate as well. >> getting interesting. thank you for that. julia boorstin today in usap. bring in cantor fitzgerald manag

. >> sony's morpheus has the advantage of a playstation user base facebook in contrast is trying to positionelf to help developers sell their games for a range of hardware and it's going to take a cut. so facebook should make money by selling its headset and also by selling the games. kayla? >> it's a long game for facebook, certainly, julia, making the investment in that. we appreciate you bringing us the latest. when we come back, uber is worth about $40 billion, but the company hadn't made a single acquisition until today. we'll bring you all the details when "squawk alley" returns. ameriprise asked people a simple question: in retirement, will you have enough money to live life on your terms? i sure hope so. with healthcare costs, who knows. umm... everyone has retirement questions. so ameriprise created the exclusive confident retirement approach. now you and your ameripise advisor.... can get the real answers you need. start building your confident retirement today. there's nothing more romantic than a spontaneous moment. so why pause to take a pill? and why stop what you're doing to f

you look at playstation and they will not allow sites like this up. so much for joining us. they've shannon, the executive vice president of popcornflix.com. 14000 jobs in the investment banking division. americas top tech companies are raking it in an stashing all away overseas. not in the indian ocean but overseas. we will be back. ♪ betty: alex sherman and joe weisenthal sure join me. number 4 -- job cuts keep coming. another round of elimination. as many as 14,000 investment banking jobs will be cut by 2019. that is more than two thirds of the unit's workforce. every week we are reading about thousands of jobs being cut. >> for people that live around new york if you are driving on 95 you see that big rbs building. half of the trading unit will be cut. we were just talking about you get big sellers on wall street but the job security is becoming a real factor that has to make people coming out of college are thinking of getting into this industry to do a double take. betty: absolutely. >> it is the big story of the secular decline and the combinat

some of the in spotify introducing the playstation streaming circuit -- streaming service.t will replace unlimited. we are 30 minutes to the close of trading. achieve market correspondent scarlet who is looking at the big mover of the session. there were a few big ones today. scarlet: i am focusing on the companies that see the biggest spikes and leadership in the past hour. these are terminal users that are clicking on these company names. shares of the canadian minor are rising the most in more than five years because bloomberg is reporting that tech is in talks to merge in a stock-based deal. if they do combine the first transactions and's commodity prices begin or dissent in the second half of last year and perhaps one area where they could perhaps cooperate and cut cost of debt cut costs is. alix: a long mosque saying a new product line will be introduced this thursday. for more i am joined by matt miller. what is it? that: -- matt: people were guessing everything from a new show law -- new shoe line to a light saber. analysts and blogs say this will be a home battery.

coming soon coming your favorite tv shows on your videogame console to sony is selling its playstation service, offering live and on-demand programs. monthly price tag starting at $50. hp taking the finalists for control of two units in china. hp is down to a pair of bidders. "in the loop" returns with much more. ♪ betty: about an hour until the start of trading. back to our breaking news desk where scarlet fu has what is on the move right now. scarlet: on the move this morning is the homebuilder quarterly earnings per share that beat analyst estimates as new orders are up 18%. the ceo indicated early results from the spring selling season suggest the housing market is improving. some consumer names also reporting results. guess sales fell 9%. the company does he a lot of headwinds because of the stronger dollar. it sells a lot in europe, 12% of its revenue from italy alone. williams-sonoma -- comparable sales missed estimates. ebay is google wallet, apple pay and facebook will weigh on paypal market share. he says it is possible google may be interested in acquiring paypal for its use

playstation 4 hits shelves on friday.he much awaited debut was delayed because beijing saw changes after lifting its ban on consuls. it will sell for about $160. on the global state of play and bring in the head of global strategy at j.p. morgan from tokyo. john, it is good to see you. let's start on boj. kurota and shinzo abe articular look at japan's bottom line for growth. and in terms of reaching inflation growth, there is deflationary pressure all over the place. what is the pressure on the boj tomorrow? well, i think at the moment, we still have a fairly significant inflationary impulse traversing the globe. the impact of falling oil prices still seems to be some headwinds for oil there generally. that has brought down inflation pressure in japan. made it rather difficult for the bank of japan to meet that 2% target. at the same time, although the data from the fourth quarter gdp that japan was a little below analyst expectations, it was starting to move in the right direction. i would notthat expect the boj to want

we see that the neck generation of hardware the xbox one and playstation 4 will come in more.ar. >> you know the -- sort of just the knee jerk reaction for gamestop and i'll channel someone who's not here. the knee jerk reaction it's going to follow the way of blockbuster and happen tomorrow. obviously things take much longer, but there is you know some merit to that idea that everything is going to be online eventually and no one's going to have to go into a brick and mortar company anymore. >> that is the question. it's how fast will the industry move towards digital adoption. we did about $950 million last year selling digital content to customers that come into our stores. we recently learned from intelligence that the adoption rate of full game downloads which is really the question in the industry that adoption rate is not as fast as people think. last year what customers paid to download aaa titles was to the console market. >> if it were to double every year, obviously you've got some time. can you pull a netflix? can you go from you know the mail delivery model of dvd

sales of the playstation for recent -- reached new highs making it the fastest selling videogame consoles history. outpacing rivals like nintendo and microsoft. causal makers are facing more competition these days from free smartphone-based video games. the nation's largest public system has added to muslim holy days to the calendar. one is the end of ramadan and the other is the mecca pilgrimage. all students will now get those days off. >> brazilian real about to go through an 11 year weakness. we are in three riel per dollar. we focused on america -- is the american century over? we asked in 1876 and now we ask again after years of subpar gdp. no one has thought more about the nation's place in the world then joseph nye. he teaches at harvard, which hardly describes his contribution to neoliberalism. he was part of the american wake society at princeton -- american whig society at princeton. >> and has grown to a power which is unprecedented. it is interesting to note that the founding fathers worried about whether the united states was in decline. we have worried about that from the