qwest all right.will follow it in its road to ipo purely want to talk about instagram inking its first ad deal with on the calm, a deal worth $50 million. clients include at sea nissan, , covers facebook and digital advertising for bloomberg industry. i read this is not your typical agency deal. what exactly does that mean? what is different about the deal? >> it is interesting for ittagram in the sense that is the first real foray into monetizing instagram. $50 million is not the big number per se but it just shows mark zuckerberg and facebook are very focused on starting to monetize some of their acquisitions. they acquired instagram in 2012. the real challenge for some of the acquired properties for facebook is to introduce advertising and ultimately try to generate a return on the acquisitions. $700 million on instagram and $19 billion for whatsapp. >> i was trying to spina defense between that and in instagram-like advertising programmatic ad buying on the internet is the wave of the future. this

qwest they are the cfo's of the family. qwest exactly.l over 70% of household expenditures and are using the card everyday. pain for vacations, going shopping for the family. they are the cfo's and we want to make sure they saw american express cares about them and wants to find ways to help them. >> the point of that is the ad campaign is well. >> tina fey is very likable that she is a mom. she was involved in the creative process. >> let me ask you about all of this concern about security. target, it feels like these hacking attacks for people with credit card information keith appling. bluee are worried about using their cards. what is america's best doing differently that gives some people more reassurance? >> the cards will be -- the card will be washed with a chip on it. it has higher levels of security. >> that is important. the chip idea. >> right now, it is the signature, which is different. it provides high-level security. qwest not the kind of security people outside of the u.s. are used to. >> it is different than what is used

qwest thank you for your time. qwest thank you. stay with us.her side of the break. ♪ >> that doesn't for this edition of "bottom line" and thank you for joining us. i will see you tomorrow. "on the markets" is next. >> it is 56 f the hours. here's a quick update on what is happening. not a lot. the nasdaq able to maintain its positive momentum. off by about is 3/10 of one percent. the s&p is relatively flat, not ahead of the jobs number on friday. i will show you what is happening on commodities there it oil in particular. buchanan move at russia conflict. u.s. inventories climbing seven straight week. down week onities week. falling.ural gas is normal weather perhaps coming our way. no more 10 degrees. a five year high last week. it might be coming to an end. speaking of oil and gas, a private equity firm raising $2 billion. that is according to the matter. it exceeded its goal of raising $1.5 million for its growth funds. thisk at what is behind and their strategy. overprescribing for two main dollars, how rare is that? net -- >> not really r

qwest tell us the signal it sends to russia.g signal to the russian president and what everyone is watching right now is what is his next move. if the referendum goes ahead as planned, will he be looking eastward toward the more industrialized cities in crimea? the president has come under criticism from analysts who the region closely who are saying, the present's campaign to isolate russia is causing pollutants to dig his heels and further. the object of the visit today with the vice president of ukraine and the president will be interesting because president obama is elevating with an appearance in the oval office by having cameras in their and having vice president joe biden joining as well. it is sending a strong signal to vladimir putin. >> what about the aid and how competition that is? >> you have one billion dollars in loan guarantees they're trying to get through and some senators want to attack the provision that the president separately requested, a different way about getting ims resources. some republicans also wan

qwest validation was validating the economy last year.s much more optimistic economically than in the prior years. our expectation is 20%, growing between half a percent and one percent. china is seven percent to 7.5%. economically, we have seen nothing that gave us a major indication on those goals and stocks. >> you prefer dynamic docs to make the case. >> it will be improving cyclical markets and the economy will move forward between cyclical sectors, so we will win. we overweight cyclicals, we overweight health care. when you look at it, first quarter will be interesting. you saw a major move in the tenure down. -- 10 year down. the dividend income earning stocks. utilities, we think that will dominate the rest of the year. we think dynamic will be defensive for the rest of the year, even though that was not the case for the first quarter. qwest you are on target? -- >> you are on target? thank you for joining us. we will be on the markets in 30 minutes again. in the meantime, "street smart" is next. ♪ hello, everyone. the fed stimulu

>>> there's certainly no slowing down the enjoyment for shailene because the sequel of "insurgent qwest may. >> she's just terrific. >> the coolest cats and some of the craziest cars and we'll go around the world with the next blockbuster. >> and we have christopher >>> steve martin was honored at the annual backstage at the geffen fund-raiser this past weekend hosted by steve carell, >>> "e.t." is back and it's hard to believe that this year marks the ten-year anniversary of christopher reeve's tragic death. still very sad, but christopher's legacy lives on and our rocsi diaz got a rare interview with his look alike son. >> everyone talks about christopher reeve's look alike son. how often do you get that? >> since i was 12, it's something that's occurred every day. our whole family has some kind of resemblance, strong genes. >> matthew reeve is the oldest son of the late christopher reeve, famous for his role in "superman." confined to a wheelchair after a tragic riding accident in 1995, christopher passed away over nine years ago. >> what's the one thing that would surprise us to kno

richard qwest reports the jet was 12 years old. it took off from kuala lumpur carrying 239 people and heading to beijing. two hours and to the flight air traffic controllers lost all contact with the plane. chinese state media said the plane's radar signal was last detected over the ho chi minh air traffic control area in vietnam. search and rescue teams are working to locate the missing jet right now. china has deployed two ships to the south china sea to help in that effort. these are pictures of family members that had been gathering at beijing airport to greet their loved ones arriving on the plane and as you can see the distress of learning that plan would not be landing. it was to have landed saturday morning in beijing. using rather bleak language in a statement malaysia airlines said we are working with the authorities to have activated their search and rescue team to locate the aircraft. our team is currently calling the next of kin of passengers and crew. the focus at the mama was to work with emergency responders. we wil

the syrians living in the qwest us special envoy for serie a game you'll love the sign has issued the following state he says we have determined it. that is unacceptable when individuals appointed by that regime to conduct diplomatic or consular operations in the united states consequently the us notified the syrian government entity must immediately suspend operations of its embassy in washington dc and its honorary consulates in pointe michigan and houston texas the deal was signed her to cough was just yesterday said the us wants to continue diplomatic relations with damascus and said the country's ties with asean people willing to work long after for sure but leaves office tuesday's order however should not affect serious mission at the united nations. although the state department earlier this month already impose restrictions limiting its ambassador to new york. more than one hundred and forty thousand people are being killed in the searing civil war that began two years ago and it appears efforts by the us and bloodshed to broker a peace settlement are now up in the air amid te

at qwest field they put 50,000 in that place.hey travel well, too. >> there will be a lot of people there, seattle, san francisco, we have that football rivalry. why not? >>> what a nice weekend we have an tap. what an amazing weekend. if you thought today was nice and you would like it a little bit warmer you're going to love saturday and sunday. we'll take you down to san jose right by the stadium. cloudy start was not as warm as we first thought because the onshore flow was stronger. sunshine this afternoon. check the beach out. ocean beach not a cloud in the sky. you will be cloud-free and saturday and sunday. it is cooler near the water. oakland at 66. san francisco 63. and get away from the water though and you're in the 70s including livermore. 75 right now. santa rosa 74. and concord currently 73 degrees. here's where you will start the weekend. another chilly night inland north bay santa rosa 43. napa st. helena mid-40s, low 40s fairfield, vacaville. san francisco 52. it will be a beautiful beach weekend. sunday all area

qwest rose is wicked and a nice man. >> what is the skill set, the best practice you have, that you haveht? a workout? >> i am very lucky. >> it is amazing and feels like we are making a 10 hour movie every year. the way we should it and the scale of it all. it will one day be over and i will kick myself really hard. >> what is your advice? are watching worldwide. they have kids who want to do action and screenwriting. what is your advice on doing it right? gut instinctur 100%. you have an instinctual reaction, go with it here chances are, it is right. have the beginning, i never acted before and it was this huge and surreal experience where you just went up in a and you went to a cool location and hung out with actors. he just got cooler and cooler over the years. >> what was it like acting to a new level of violence of this sort? >> it was great. >> did you have to get up to speed on sword fighting? >> there was a crash course in martial arts, something i had not been practicing my entire life. still carrying two swords or do you go to one sort? >> go to a program to find that. >> that

richard qwest reports the jet was 12 years old.

. >>> tonight is the first night of san jose's city qwest.is year's film festival opened the screening of the grand seduction. it is a dress up affair for those who attend, it runs through the 16th. >>> pretty nice out there today. we have clouds. morgan hill hit 69 degrees today. high temperatures could easily make it back into the upper 60s. mower mild, to warm day throughout the bay area. what's happening right now is weather systems are impacting the north part of the state. that's how this next one is going to go. we've got one coming in tomorrow night. the main impact will be between these two lines. in the bay area proper, we'll get light showers, maybe some sprinkles. most of it will be light. we're checking the radar. see this area here? that might be a little drizzle towards bodega bay. tomorrow night we get into a situation where we have more clouds, more moisture, and a chance of sprinkles late tomorrow night. just 2 degrees off 60 in san jose. warm air mass. it's not going to take much to get a little drizzle out of this. cloudy

. >>> tonight is the first night of san jose's city qwest.m festival opened the screening of the grand seduction. it is a dress up affair for those who attend, it runs through the 16th. >>> pretty nice out there today. we have clouds. morgan hill hit 69 degrees today. high temperatures could easily make it back into the upper 60s. mower mild, to warm day throughout the bay area. what's happening right now is weather systems are impacting the north part of the state. that's how this next one is going to go. we've got one coming in tomorrow night. the main impact will be between these two lines. in the bay area proper, we'll get light showers, maybe some sprinkles. most of it will be light. we're checking the radar. see this area here? that might be a little drizzle towards bodega bay. tomorrow night we get into a situation where we have more clouds, more moisture, and a chance of sprinkles late tomorrow night. just 2 degrees off 60 in san jose. warm air mass. it's not going to take much to get a little drizzle out of this. cloudy and mild outs

we'll have answers in a matter of a few seconds as we >> richard qwest, who is joining us along with panel as we watch this, the idea this search might have to be stopped for a given length of time, it's not something we certainly have never heard of. we heard that before with air france flight 447, that the flight had already been found. >> but we're way early on that. we're not -- i don't think for a moment we're going to be talking about stopping at any time soon. remembering the southern hemisphere winter, it's coming into fall now, then winter will be coming along shortly. i think we're some way off. i'd be very surprised if he's going to announce he's bringing friends home tomorrow. absolutely once winter arrives in the southern hemisphere and depths of winter, you won't find them going out. it would be too dangerous with the planes and it would be fruitless. they will do what they did with 447, regroup and look at the evidence and set up a new plan for where they're going to start. >> david, i

a similar controversy erupted in seattle a few years ago, at qwest field -- now known as "century linkhe web today. the five second-rule is now backed by actual science. a team at aston university in england found that time is a significant factor in the transfer of bacteria from a floor to a piece of food. the study also found that its just not the precious seconds your food spends on the floor that matters though. but the type of flooring plays a huge role. food dropped on a carpet is the least likely to pick up bacteria, while food that sits on a hardwood floor for over five seconds is almost guaranteed to pick up something unpleasant. and if it's a moist food item, then forget about it. new this morning. a 10-year-old boy is clinging to life after being struck by a speeding car that had just ran a red light in watsonville. an officer were stopped at a red light on riverside drive and main street when they saw the driver ran the light. the officer attempted to catch up to the speeding car and when he pulled over, he learned that this same car had hit the 10 year boy. investigators s

qwest another probably important take away, his returns have really been driven by some outlier gainspend his performance, i do not remember the number, but his top 10 investment takes, his performance over that cycle would have been pretty average. so i think a lot of the things, and i think it is his patience, he is waiting for the fat pitch, -- >> when you say outlier gains, you mean -- >> some of his holdings have had extraordinary returns. the rest of his performance really matched the market overall. >> i am delighted he is that -- he has had the ability to commit capital. it is all about what money he puts on what ideas. the fact he has those kinds of ideas deeply waited in many did well, it is the source of our return. then his ability to put money to companies,is -- through his bolt on, and especially the big three, rail utilities with regulator rate return, meaning we have a process -- prospect of putting money to work for a long time. we are burdened with a lot of capital. it is an awful lot. over time, we may see dividend policy creep in. we know there is an aggressive typ

qwest michael was very specific talking about looking at how the concepts are trading against each other the of-in but the open interest the contract. an open contract of the buyer and seller. right now, we have crude oil expiring off the board. at the change, especially sudden change in the open interest levels to know there is money flowing in and out of the contract. atck speaking of, looking may oil futures, but april is the active contract. explain that. >> it is the one doing the most volume and or the one with the highest interest. you have april expiring so the open interest is less than may. but the volume is higher because exploration is driving activity. they will keep a close eye on how that works. class thank you. and michael, thank you for your bearish trade on oil. .e're back in 30 minutes "market makers" is next. ♪ russia.mic sanctions on question on a posses e-commerce giant alibaba prepares for the public offering in two years. it could be valued at $2 million. class and the industry for growth is skyhigh.

tomorrow don't miss my interview with qwest ceo. his first interview since being released from federal prison after serving five years for insider-trading charge. that is tomorrow. they give a joining us, time for "varney & company." charles: thank you very much. "candy crush" goes public and facebook goes viral reality. i am charles payne in for stuart varney. king, they make "candy crush." the stock has been open for an hour. you can see down $2.37. the question, is it still a buy? facebook by the virtual reality company, oculus rift. and obamacare news of the day. there is still more obamacare news and the deadline has been pushed back yet again. it is not even a hard deadline anymore. "varney & company" is about to begin. begin. ♪ listen, i wanted to say let's get into the hot ipo. king digital. we do have an all-star team to cover this. it is big news. in many different ways. first, any optimism. a cause for concern. should people be more optimistic? >> it could be a one trick pony. the profit has grown exponentially. charles:

finally, looking at qwest diagnostics and lab corp.. both of those groups rising.l that is positive that removes an overhang about concern about clinical reimbursement rates at labs that these companies own. shares are rising over that. >> thank you so much. time for the big story. taking tech timebomb. first facebook announcing a $2 billion bets on virtual reality company oculus. a company that makes virtual reality headset. it is a product that cannot even be bought yet. this comes on the heel of a month ago. $19 billion. a massive valuation there. king digital going public at $22.50 per share. just over $7 billion. what is going on here? deja vu 2000 again? in al of these mean we are tech bubble? certainly seems that way. joining me now bloomberg news reporter. our very own julie hyman who spoke with the king digital ceo today. before we go to that, i want to .o over to cory what is going on behind the huge this is a big number for them to pay for a company who does not have a product yet, let alone but ridiculous phrase about the company's been .re-revenue peop

qwest we have to think about planting trees -- >> we have to think about planting trees for other generations. space is truly the only investment we make for future generations. >> i agree. >> i now recognize the gentleman from arizona. >> take you. .- thank you part of what i want to have a quick dialogue about is just the mechanics, how you set priorities and decision-making and those things. you have a lot of voices and people tugging on your coat saying, we want this or we want that. that was like sophia, really coming online in the last .ix months or so is that correct? >> sephia has been under development for probably 10 years. and tobeginning to fly fly well. >> internally, when you are doing prioritization's or mechanics, tell me the review on how you prioritize a program like that, that you have . decade of time and money >> i forget what they call their counsel, but every year they get the wise people of the science community, and they evaluate our programs to see, what i have asked them to do right now is we have a lot of programs that have been flying for a long time, long past th

the lady who called just now talking about qwest, we went to quest. we did not pay a dime for blood work. there is tier one and tier two that i have. i keep my regular family doctor or, i'm only paying $50 for the co-pay for my family doctor, but my specialist, i go through the program was the insurance company allows me to do. if i stayed with my old insurance company, my payment is ready five dollars for special and $15 for maryland is a should. these people do not know what they're talking about, and the lady just now says she is. obamacare for the first time, and she doesn't know what she's talking about. host: earlier today we talked about how enrollment is going in kentucky, we went to focus now on another state, and how and role it has run in the federally run extremes there. joining us now is mike chaney. thank you for joining us. mississippi is a part of the federal exchange, and even though you do not support the federal caps off -- the federal health-care law, you support the state exchange. guest: i am charged with supporting all of the la

the lady who called just now talking about qwest, we went to quest.d not pay a dime for blood work. there is tier one and tier two that i have. doctormy regular family or, i'm only paying $50 for the y family doctor, but my specialist, i go through the program was the insurance company allows me to do. old stayed with my insurance company, my payment is ready five dollars for special and $15 for maryland is a should. what people do not know they're talking about, and the lady just now says she is. obamacare for the first time, and she doesn't know what she's talking about. talkedarlier today we about how enrollment is going in kentucky, we went to focus now on another state, and how and role it has run in the federally run extremes there. joining us now is mike chaney. thank you for joining us. mississippi is a part of the federal exchange, and even though you do not support the the federal off -- health-care law, you support the state exchange. i am charged with supporting all of the laws come even if i do not agree with them, and i thought it was im

john travolta as you may have heard was introduced to idina menzel, she was going to sing the "frozen qwestsly emp song "let it go" from "frozen," please welcome the wickedly talented one and only adele dazeem. >> wickedly -- >> you know you're in trouble -- because the wickedly talented -- >> i wonder what 60-year-old john travolta was having -- >> how do you know everyone's age? >> what is with you? >> i think it's a prompter problem or something. >> i think it probably went down and he blacked out. >> well, look, we've all had those brain freezes, where something comes out wrong. >> but p don't you think, i know from these awards shows that you rehearse, usually, not -- >> they show up at the moment. >> he showed up at the moment. i bet you he didn't rehearse. and i'm saying that because i'm defending him. i don't want to believe he rehearsed that. >> you've got two lines, memorize. you're an actor. how hard is it? >> it must be hard. because he -- >> idina menzel. >> it was also such an illustration of hollywood phoniness. the wickedly talented person i've never heard of. >> a great new