why is rockstar getting out of these patents.hy did they overpay for them in the first place or did they overpay at all? martin, the founder and -hairman of them cam -- of m cam. you're been predicting since a dim at you. why? >> if you recall, after some of our early conversations about this a number of people said that we grossly misrepresented how much overpaying has happened on the rockstar portfolio. just like we talked about overpaying that google paid too much for motorola. the reason why there is a dispute between our view and the consensus view is that we look at the actual patents and cells. is problem that rockstar has that there are some very good patents in the portfolio, but of the 4000, probably close to three quarters of them would have a hard time standing up to a true unmitigated and unadulterated view of a re- examination process. one of the terrible pieces of news for the rockstar consortium is the recently and newly appointed director of the patent office, michelle lee -- >> i want to talk to about that, the

according to people with knowledge of the plans -- why is rockstar getting out of the patents?hy did they overpay for them or did they overpay at all? i'm joined by david martin, the founder and ceo of a company that -- you have been predicting something like this since the day i met you. why? >> it's always funny because you will recall after some of our early conversations, a number of people said we grossly misrepresented how much overpaying had happened on the rockstar portfolio, just like we talked about the overpaying that google paid on the motorola portfolio. the reason why there's a dispute between our view and the consensus view is we looked look at the actual patents themselves. the problem rockstar has is that there are some very good patents in the portfolio but of the 4000, close to three quarters of them would have a hard time standing up to a true, unmitigated and unadulterated view of a re-examination process. one of the terrible pieces of news for the rockstar consortium is michele lee -- >> i want to talk to you about the new head of the patent office has a j

. >> i'm a rockstar. >> i transformed a nation. zezezezezezezeze

. >> john, do you think john getting a rockstar to promote this to work, get millennials to come on board? >> it may hurt. the bigger thing, there is no low-cost insuranceithout healthy people. naturally premiums will go up. the bigger problem here is neither republicans nor democrats understand what insurance is. it's supposed to be for the catastroph, for the holy unexpected. if u want to make that health insurance universal, it would be simple. the markets can provide it at a low price. any scenario under which the government overseas this is expensive, politicians want us to have insurance for row own doctor visits. that is not insurance. >> routine doctor visits, for people that they don't want like a althy, young, single 28-year-old getting maternity insurance. the fact is that they are not siing up because it's a lousy plan. the president likes to call everybody else's plan the 6 million lost their plans lousy. but in fact his plan is lousy. >> you are right. for young pple, obamacare is nothing more than extortion. why would you have to fine somebody forot buying it? we don't fine

. >> many show that the rockstar here was president obama, even with real rock stars on stage. was an electric afternoon. i wish the television could do justice to the sensation of 40- 50,000 people who would spontaneously jump at the song and dance routines. stadium.miniscent of a there was something else going on the stadium. you were following that. ifa moment of awkwardness you talk about politics. specifically, one of the moments was that everyone arranged on stage, they found themselves waiting for quite some time. president obama was not. he did make it to the stadium until 12:45. the south african president, he was met with boos while president obama received a hero's welcome when he took the stage. bush,ent george w. clinton, carter, all the world leaders. 91 countries represented. when you have those people, it creates an interesting atmosphere and tension. it was a moment where president obama shook hands with fidel castro -- ronald castro. pictureite put up that saying it is a sign they are ready to ease u.s. aggression towards cuba. regardless, people from countrie

iroduced the band and there was about thirty thousand people in the audience going i felt like a rockstar and i was. those are really cool moment because i thought this is really really cool. but still i was a dj in the back row and the other two guys rapping and singing came on and i was looking at them scratching and i was thinking that. they are exactly where they want to be right now and i was out it was more like a hobby to me and him. and then so that's that was what i expected to step back in the night till the guys couple weeks later that i wanna apply to the to the theater academy and the night i was accepted so i left stockholm. there are four different theater schools in sweden. the is one is unstoable. but i know like i couldn't be here because i have so many calls like paco de da de da tonight or tomorrow night then. and i love it so stoked i still know what to say no but i need to leave everything and then moved to mumbai where unknown nobody in it so hopefully difference. seal of the city and and. so i started in this. in this class of people. cool and knew nothing else but

. >> she got the rockstar treatment from nfl films. >> it was unreal.bedroom, in my living room, we filmed all day. >> charity needs you. >> you can vote daily. >> help her get to super bowl xlviii. >> i always watch, but to be in the stands would be amazing. >> there you have it. you can help cast your vote. voting ends monday. she has faith in you. you can give hope to charity. >> i'm going to take care of that during the commercial. >> coming up, abc 7 news at 5:00 -- >> $25 million later this way -- >> $25 million later this way will will ta so i tried depend last weekend. -- >> $25 million later this way wit really made the difference between a morning around the house and getting a little exercise. hi-ya! and i tried a baking class. one weekend can make all the difference. unlike the bargain brand, depend gives you the confidence of new fit-flex® protection. it's a smooth and comfortable fit with more lycra strands. it's our best protection. >> tomorrow is decision day. we will learn where a new casino will be billed and who operated. in gm wants

. >> one rockstar to another, you take issue with something that he says about fundraising. and you have implied that he has two democratic a view? >> i would say it is not democratic enough. a legendary investor, early investor in iconic companies, really built an incredible thing. word blog post, he is a brilliant guy and very successful. should either deep pirates i or ignore associates adventure funds as you go into fundraising. i think it is shortsighted and not great advice for founders to follow. >> his point was that if you're not coming in with the senior partner, no one cares. >> make a beeline for the partner is what i got. he is even saying to do you prioritize and they are not really vcs. >> and you say good leaks can come from anywhere? >> i have seen that happen time and again. >> great to see you. quick break to take and when we come back, the chinese are cracking down on bitcoin to cause a big drop in value. we will show you what that means for digital currency. the 26-year-old entrepreneur behind the online community that finances the winning project. and o

neil: mark my words, that i will be a rockstar. and a bankruptcy filing is their only hope. judge napolitano, i would say you? >> they have an obligation of 18 billion and it does not have the assets or the tax base. but it owes a lot more than a it negotiated with all of its creditors, including the unions. >> if the judge does not rule as he ruled today, then instead of having an orderly bankruptcy where a judge will take obligations and slice and dice and give people their portion of the pie, you have about five or 6000 lawsuits, each that is entitled to a jury trial in a pool of assets and it would be chaos and there wouldn't be enough to pay police or fire or teachers and more so they would leave their property behind. >> don't libertarians argue let the people rule? appointed by the governor to clean up this mess and is there anything that bugs you about that? >> it bugs me when anybody who owes money gets away with paying less than they owe for anyone who is owed money does not get paid back what they owe. those people were promised a pension and announced not one to

like many other kid, i wanted to be a rockstar.tely or unfortunately, i decided that was no longer the direction i wanted to go. i pursued the idea that i wanted to help build a place to help musicians make the music they love to make, and do it in this modern-day music industry that we love to work in. dohow many recording studios you have yucca >> there are five studios. >> how many recording studios do you have? >> there are five studios. as a partner with artist to help them meet record labels, booking agencies, everything .hey have to get and then we have our lifestyle musicians toe pair help the brand get paired with up-and-coming musicians. >> it is the lifecycle of a musician. >> absolutely. >> is it expensive yucca >> we have to make a living like everyone else. the guys that are coming to us making music with big labels all the way down to people with disposable income who are trying career music. at i we have different entry points and levels. >> who are some of the artists that you have playing at your studios? >> it ra

he's like a rockstar ceo. >> i don't really want to know which body parts. >> [laughter] >> i think he is one of the most impressive ceo's i've ever met. have what it takes to turn microsoft around? >> if anyone does, he does. look at all of the things he's done at ford in the time he's been there. raising capital before the crash of 2008. he did what other automakers have not been able to do without tarp funding. he is an impressive guy. you can see why microsoft would at least even a serious look. -- give him a serious look. >> we will see if the board shines a light in his face and asked him what is really going on here. >> no waterboarding. >> [laughter] thank you. just a reminder, we will bring bring you -- just a reminder, we will be bringing you a special " bloomberg west" tomorrow. we will show you how ebay is andnding into storefronts take you behind the scenes of the ticket site stub hub. with ae you on a run courier. do not miss it tomorrow. still ahead, after months of criticism over its all-male board, twitter has added a woman to its board. that is next. ♪ >> this is "blo

best band in the land, the roots, we have bonnie raitt is here. [ cheers and applause ] she's a rockstaride guitarists ever. hey guys, do you ever go on twitter and you see tweets from a celebrity that looks like it makes no sense, like a random statement out of left field. but then you realize -- you click expand. and you realize they're just responding to another person's question. i'll show you what i mean in this next segment. it's called "in reply to." here we go. ♪ in reply to in reply to oh yeah ♪ >> jimmy: so the way this works is, i will show you a celebrity tweet and then we'll see the questions they were replying to. this first example is a tweet from president obama. he responded to at lourobert1, he said, "my pet dog, bo." not really sure what he's talking about here. let see what he was asked. "who designed the obamacare website?" [ laughter and applause ] now it makes sense. >> steve: wasn't a human. here's one from toronto mayor rob ford, he responded, "words can not express how disappointed i am in myself." let's see what he was asked. "how do you feel about never having

he was greeted like a rockstar. i have not seen a kind of pandemonium in more than 20 years as a reporter. room was absolutely packed. the cameraman and i were not even -- were not even able to get a camera position as we were stuck behind hundreds of people. they were just trying to get a photo of the man as they applauded him and he came into the room. when you take that kind of reception coupled with where this was happening, a museum at checkpoint charlie, all of the cold war symbolism was there. perfect situation to be the freedom fighter and lash out at president putin, who he says kept him behind bars as a result of a political vendetta for more than a decade. what did he do? he says he has no issue with resident boudin and does not intend to try to overthrow the russian president or enter politics or fund the opposition or even reenter business. he was asked if people should boycott the winter games. he said no, it is a celebration of sport. that is no reason why people should not go there. when he was arres

he was received like a rockstar. breaking between cameraman jockeying for vantage. i have not ever seen pandemonium alike in this. did he come out fighting said he would take aim at vladimir putin? white the opposite. he said he does not get into politics. -- quite the opposite. tohe said he does not want get into politics. he said he will be a voice for political prisoners across the world. he said he does not think people should boycott of the winter on memphis. i spoke them a little bit. i asked him what he would advise. -- in the winter olympics. -- i spoke to him a little bit. he was russia's richest man when he went to prison and a decade ago. he said. forget i should give advice on that matter. he said it comes down to looking at risk and reward. to think isill like a step in the right direction of normalizing the climate in russia. andry measured khodorovsky reminded people while he is a free man, he is a hostage in a sense. he has several friend in prison in russia and that may have been weighing on him as he answered the many questions he got yesterday. >>

rockstar is actually no crime on the rise. an expert on crime, but i do propose -- promote cancun all over the world, and i can tell you mexico is safe for toursim. mexico city is one of the top 12 safest in the world. we are currently helping sÃo paulo, brazil, with the world all because we have cameras over. we are helping sÃo paulo, and here, they are, having this big sport event, and they were not very many. cancun has been saved for the last 45 years. -- safe for the last 45 years. isolated one-to- four issues, and it is not related to tourism. , we have tocia leave it there. thank you. the ceo of yucatÁn holidays. we'll be back in two minutes on "in the loop." ♪ past the56 minutes hour, which means bloomberg television is on the market. equity futures went higher after the jobs report came in better than expected, over 200,000 jobs created, and the jobless rate coming down to 7%. that was a surprise. equity futures are building on that rally. we'll talk about jobs with the ceo of ensco who will weigh in on everything fro

heessful ceo's in america is a rockstar. do you really push that guy out the door?ar to the problem that chrysler had 20 years ago with lee iacocca. would you do with a situation like that? you would like a graceful exit, but it's not very graceful right now. >> keith mcnaughton with the trouble at ford. and be sure to check out the story about how the u.s. auto industry came back from the brink on bloomberg.com. now, there is one more way for companies to know who you are. your face print. at a moment, we will look at a company that makes racial recognition and other marketing tools. >> plus, does congress pass or fail? al hunt will be along with the capitol hill report card. ♪ >> you are watching "market makers." on bloomberg television. i'm erik schatzker. time for some bloomberg west headlines. a delegation of strikers is gone to seattle to campaign for higher pay and a better work environment. the german workers will be joined by american union makers. npr has received $70 million in grants to improve news coverage and develop digital platforms. npr is getting

he was this rockstar wherever he went and it was more than just being, you know, the apartheid leader than just being the president of south africa. what do you think it was? >> reporter: he kept something in everyone. in australia, we awarded him our highest civilian honor, the companion of the order of australia. so he was considered to be not only a globalal leader, he made a remarkable difference to our times. but he was seen as a leader for us all and australia responded accordingly. i am sure there will not be another like him. he was truly remarkable and his resilience, his courage has not been seen before. i think that today is a very sad day, but nevertheless, it's a day for inspiration, a day for us to respect his courage and his ability to up the people wherever he went around the world. >> and apart from that inspiration that you speak of, what will his legacy be when you think about mandela and his place in history? >> his transformation of south africa into a pleuralistic free democratic society was significant, but i think it's his lasting legacy will be his global reac

melissa rogers is an absolute rockstar. i am so excited about where she is taking this leadership now. thank you. [applause] >> thank you. those are characteristically overly generous remarks and i appreciate it. joshua has been so kind in terms of helping me get settled and learn how to do this job and i have only been on the job for a few months but i am grateful to him. but i can also say that i have been able to look to the rest of these gentlemen as well. the have each been gracious to me about giving me the wisdom that they gathered through their years of service and being very open and terms of welcoming my call, my questions. and i just want to say how much i am grateful for that and i will keep calling you. [laughter] just keep answering the line, please. the smuo thank community, brian franklin, the staff at the smu center for presidential history and all of you for being here tonight. it is truly an honor and a privilege to be able to have this conversation with you this evening. specialalso like to say word of t

it was a rockstar reception he received.eciate you sharing. >> in los angeles, we failed the college exam. >> i read about that. it was amazing. >> it's amazing. it was absolutely magnificent. >> well, we appreciate your sharing your thoughts with us here miss willis. thank you so much. >> thank you so very much. >>. >> cricket fans and neighbors alike held vigils. some danned and an outpouring of love for a man that touched so many lives directly and indirectly. . >> what a flict live of the house in washington, just after midnight there flags at the white house at half-staff and remember a south african president. >> let's go to desmond tutu. he is close to mandela. let's listen to what he has to say. >> let us give him the gift of south africa in spirit, one. god, thank you for the gift of midiva. thank you for what he has enabled us to know we can become. help us to become that kind of nation. lessen to the word of our savior, jesus christ, i give you a a new command. love one another as i have loved you, so are you to l

melissa rogers is an absolute rockstar. excited about where she is taking this leadership now. thank you. > thank you. those are characteristically overly generous remarks and i appreciate it. joshua has been so kind in terms of helping me get settled and learn how to do this job and i have only been on the job for a few months but i am grateful to him. but i can also say that i have been able to look to the rest of these gentlemen as well. the have each been gracious to me about giving me the wisdom that they gathered through their years of service and being very open and terms of welcoming my all, my questions. and i just want to say how much i am grateful for that and i will keep calling you. just keep answering the line, please. i want to thank the smu community, brian franklin, the staff at the smu center for presidential history and all of you for being here tonight. it is truly an honor and a privilege to be able to have this conversation with you this evening. i would also like to say special word of thanks to forme

melissa rogers is an absolute rockstar. i am so excited about where she is taking this leadership now. thank you. [applause] >> thank you. those are characteristically overly generous remarks and i appreciate it. joshua has been so kind in terms of helping me get settled and learn how to do this job and i have only been on the job for a few months but i am grateful to him. but i can also say that i have been able to look to the rest of these gentlemen as well. the have each been gracious to me about giving me the wisdom that they gathered through their years of service and being very open and terms of welcoming my call, my questions. and i just want to say how much i am grateful for that and i will keep calling you. [laughter] just keep answering the line, please. i want to thank the smu community, brian franklin, the staff at the smu center for presidential history and all of you for being here tonight. it is truly an honor and a privilege to be able to have this conversation with you this evening. i would also like to say